NASDAQ$CRVL
CorVel Corporation · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
CorVel's Q3 2022 earnings were announced, revealing increased revenue and earnings per share compared to the same quarter of the previous year.
CorVel Corporation reported revenues of $164.51 million and earnings per share of $0.76 for the quarter ended December 31, 2021, compared to revenues of $141.51 million and earnings per share of $0.63 for the same quarter of the previous year. New sales remained robust, and continued investment in payment integrity services created robust growth.
- Revenues for the quarter were $164.51 million, an increase from $141.51 million in the same quarter of the previous year.
- Earnings per share for the quarter were $0.76, compared to $0.63 in the same quarter of the prior year.
- New sales remained robust for the quarter and were a record high for the calendar year 2021.
- Continued investment in payment integrity services created robust growth with CERiS in the health market.
Headline financials
Revenue & EPS history
CorVel · Revenue · Quarterly
$165M
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
All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Company’s current expectations, estimates and projections about the Company, management’s beliefs, and certain assumptions made by the Company, and events beyond the Company’s control, all of which are subject to change.
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 Q3 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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