NASDAQ$CRVL
CorVel Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Corvel's revenue and earnings increased in Q2 2022.
CorVel Corporation reported an increase in revenues and earnings per share for the quarter ended September 30, 2021. Revenues increased to $158 million, and earnings per share rose to 88 cents.
- Revenues for the quarter were $158 million, up from $136 million in the same quarter of the previous year.
- Earnings per share for the quarter were 88 cents, compared to 65 cents in the same quarter of the prior year.
- Continued development in new and existing business and improved operational efficiencies contributed to revenue growth.
- Telehealth usage has stabilized at levels 38 times higher than pre-pandemic.
Headline financials
Revenue & EPS history
CorVel · Revenue · Quarterly
$158M
Revenue by segment
CorVel · $249M total across 2 segments · Q4 2026
- Patient management services$153M—61.6%
- Network solutions services$95.5M—38.4%
Forward guidance
The company is focusing on patient engagement and ease of use in the healthcare and workers’ compensation processes and embracing opportunities for evolving health care models and providing tools to facilitate healthcare navigation.
Tailwinds
- Continued development in new and existing business.
- Improved operational efficiencies.
- Expanded R&D efforts.
- Quicker rate at which liquidity is converted into intellectual property.
- Recent system enhancements increase the capacity, quality & consistency of our work product and the overall outcomes produced.
Headwinds
- Risk that the impact of the COVID-19 pandemic on our business, results of operations and financial condition is greater than our initial assessment.
- Risks and uncertainties described in the company’s filings with the Securities and Exchange Commission.
- Factors described in the company’s filings with the Securities and Exchange Commission, including but not limited to “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2021
- Factors described in the company’s filings with the Securities and Exchange Commission, including but not limited to the Company’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2021.
- The forward-looking statements in this press release speak only as of the date they are made.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2022
-1.0%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.4%
Avg return
30 days after
48%
30 / 63 earnings
Positive
+11.8%
Q1 2014
Best reaction
-26.1%
Q3 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -0.7% | +6.2% | -0.9% | |
| Q3 2026 | -26.1% | -30.2% | -21.4% | |
| Q2 2026 | +4.1% | +3.9% | -3.8% | |
| Q1 2026 | +1.2% | -0.4% | -0.6% | |
| Q4 2025 | +2.3% | +0.2% | -9.1% | |
| Q1 2025 | -0.3% | -2.1% | +4.0% | |
| Q4 2024 | -0.3% | +0.0% | -11.5% | |
| Q3 2025 | +1.7% | +3.1% | +5.4% | |
| Q2 2025 | +3.0% | +5.5% | +10.4% | |
| Q1 2024 | +5.9% | +4.4% | +5.8% | |
| Q4 2023 | -2.0% | -3.7% | +0.2% | |
| Q3 2023 | +6.1% | +7.1% | +5.3% | |
| Q2 2023 | -4.8% | -4.3% | -6.3% | |
| Q1 2023 | +1.6% | -4.9% | -6.8% | |
| Q4 2022 | +1.6% | -0.3% | -1.1% | |
| Q3 2022 | -9.9% | -14.8% | -5.7% | |
| Q2 2022 | +0.4% | +2.9% | +5.7% | |
| Q1 2022 | +8.1% | +13.9% | +18.7% | |
| Q4 2021 | +4.0% | +4.1% | +9.7% | |
| Q3 2021 | +1.4% | +3.6% | +2.1% | |
| Q2 2021 | -7.0% | -7.4% | -0.2% | |
| Q1 2021 | -2.9% | +3.2% | +7.8% | |
| Q4 2020 | +8.9% | +9.4% | +14.4% | |
| Q3 2020 | -3.2% | -7.4% | -23.9% | |
| Q2 2020 | -0.7% | -0.1% | +4.1% | |
| Q1 2020 | -8.4% | -8.8% | -7.4% | |
| Q4 2019 | +4.6% | +7.9% | +23.0% | |
| Q3 2019 | -0.5% | +0.3% | +1.2% | |
| Q2 2019 | +5.6% | +8.9% | +25.6% | |
| Q1 2019 | +1.0% | +3.4% | +8.5% | |
| Q4 2018 | -3.2% | -5.1% | -1.1% | |
| Q3 2018 | -3.8% | -4.3% | -11.2% | |
| Q2 2018 | -3.8% | -1.9% | -5.6% | |
| Q1 2018 | +1.8% | +4.6% | +9.1% | |
| Q4 2017 | +4.0% | +0.8% | +1.8% | |
| Q3 2017 | +2.7% | +4.1% | +8.4% | |
| Q2 2017 | -8.0% | -8.0% | -8.2% | |
| Q1 2017 | -7.7% | -7.5% | -19.3% | |
| Q4 2016 | +8.2% | +2.7% | -9.7% | |
| Q3 2016 | -2.3% | — | — | |
| Q2 2016 | +1.4% | — | — | |
| Q1 2016 | +3.8% | — | — | |
| Q4 2015 | -10.6% | — | — | |
| Q3 2015 | +4.2% | — | — | |
| Q2 2015 | -0.1% | — | — | |
| Q1 2015 | -1.2% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | +2.4% | — | — | |
| Q2 2014 | -1.7% | — | — | |
| Q1 2014 | +11.8% | — | — | |
| Q4 2012 | +1.3% | — | — | |
| Q4 2013 | +4.5% | — | — | |
| Q3 2013 | +1.6% | — | — | |
| Q2 2013 | -3.8% | — | — | |
| Q1 2013 | +1.7% | — | — | |
| Q4 2010 | -0.7% | — | — | |
| Q3 2012 | -3.4% | — | — | |
| Q3 2011 | -3.4% | — | — | |
| Q2 2012 | -1.7% | — | — | |
| Q2 2011 | -12.3% | — | — | |
| Q1 2012 | -12.3% | — | — | |
| Q1 2011 | -12.3% | — | — | |
| Q4 2011 | -12.3% | — | — |
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