NASDAQ$MODVQ

Modivcare Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Modivcare reported Q4 2024 service revenue of $702.8M with a net loss of $23.5M and diluted EPS of $(1.64).

Service revenue was $702.8 million, flat year over year, as NEMT utilization rose but Medicaid redetermination pressured results. Net loss was $23.5 million ($(1.64) per share); adjusted EPS was $0.19.

  • Q4 service revenue $702.8M.
  • Net loss $23.5M; adjusted EPS $0.19.
  • NEMT and personal care segment mix.
  • Credit agreement amendment and liquidity actions.

Headline financials

Total Revenue

$703M

Previous: $703M-0.0%
EPS (adj)

-$1.64

Previous: $1.29-227.1%
Adjusted Ebitda

$40.4M

No prior period
Adjusted EBITDA Margin

5.7%

No prior period
Capital Expenditures

-$5.35M

Previous: -$11.1M+52.0%
Net Income

-$23.5M

Previous: -$5.3M-343.4%
Operating Income

$4.27M

Previous: $15.7M-72.8%
Gross Profit

$78.5M

Previous: $90.8M-13.5%

Revenue & EPS history

Modivcare · Revenue · Quarterly

$703M

Q4 2024-0%vs Q4 2023
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Forward guidance

Outlook emphasizes path to profitability, liquidity, and cost discipline.

Tailwinds

  • Operating initiatives and balance-sheet flexibility.
  • Segment turnaround actions noted in MD&A.

Headwinds

  • Operating losses and macro demand uncertainty.
  • Financing or impairment risks.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+0.1%

Avg return

Earnings day

-10.6%

Avg return

5 days after

+29.9%

Avg return

30 days after

53%

33 / 62 earnings

Positive

+21.0%

Q1 2024

Best reaction

-41.0%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025
Q2 2025
Q1 2025-11.4%-26.5%+198.5%
Q4 2024-22.5%-35.9%-68.1%
Q3 2024+10.6%-0.7%+11.3%
Q2 2024+15.8%+18.8%+59.8%
Q1 2024+21.0%+18.5%+23.0%
Q4 2023-41.0%-37.7%-44.9%
Q3 2023+14.5%
Q2 2023-4.4%
Q1 2023-21.6%
Q4 2022-1.6%
Q3 2022-5.9%
Q2 2022+2.0%
Q1 2022-7.2%
Q4 2021+16.5%
Q3 2021-8.8%
Q2 2021-1.2%
Q1 2021+2.0%
Q4 2020-15.4%
Q3 2020+4.1%
Q2 2020+8.8%
Q1 2020+7.9%
Q4 2019-9.2%
Q3 2019+5.2%
Q2 2019+2.6%
Q1 2019+2.3%
Q4 2018+0.1%
Q3 2018+11.4%
Q2 2018-9.3%
Q1 2018-6.3%
Q4 2017+7.6%
Q3 2017+5.2%
Q2 2017+0.0%
Q1 2017+10.3%
Q4 2016+8.8%
Q3 2016-7.0%
Q2 2016-1.7%
Q1 2016-0.8%
Q4 2015+16.3%
Q3 2015-14.6%
Q2 2015-0.8%
Q1 2015+12.2%
Q4 2014+9.9%
Q3 2014-11.3%
Q2 2014+17.8%
Q1 2014-2.7%
Q4 2013-10.4%
Q3 2013-11.7%
Q2 2013+0.7%
Q1 2013+6.7%
Q4 2012+5.1%
Q3 2012+16.4%
Q2 2012-14.7%
Q1 2011-0.9%
Q1 2012+0.6%
Q4 2009-2.2%
Q4 2011-2.2%
Q3 2010-2.3%
Q3 2011-2.3%
Q2 2011+4.3%
Q2 2010+4.3%
Q4 2010+4.3%
Q1 2010+1.4%

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