InnovAge Holding gets Zacks Rank #1 with $0.25 EPS, 10.6% revenue growth
InnovAge Holding Corp's current-year earnings consensus estimate stands at $0.25 per share, unchanged in 30 days, reflecting a 213.6% year-over-year increase. Revenues are projected at $944.5 million, up 10.6% year-over-year, and the stock has beaten earnings estimates in three of four quarters, averaging an 87.5% surprise.
1. Zacks Rank and Estimates
InnovAge Holding Corp holds a Zacks Rank #1 (Strong Buy) rating. The current-year consensus earnings estimate is $0.25 per share, unchanged over the past 30 days, while revenue predictions stand at $944.5 million, marking a 10.6% increase year-over-year.
2. Historical Performance
The company has topped earnings expectations in three of the last four quarters, delivering an average earnings surprise of 87.5%. This track record underscores operational momentum and positions InnovAge favorably against broader industry performance metrics.