InnovAge (INNV) to Release Quarterly Earnings on Tuesday

InnovAge (NASDAQ:INNV - Get Free Report) will likely be announcing its Q3 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect InnovAge to post earnings of ($0.02) per share and revenue of $214.09 million for the quarter. InnovAge has set its FY 2025 guidance at EPS.

InnovAge (NASDAQ:INNV - Get Free Report) last released its quarterly earnings results on Tuesday, February 4th. The company reported ($0.10) EPS for the quarter. InnovAge had a negative net margin of 3.19% and a negative return on equity of 9.45%. On average, analysts expect InnovAge to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

InnovAge Stock Performance

Shares of INNV stock traded up $0.17 during mid-day trading on Friday, reaching $3.15. 12,883 shares of the company's stock traded hands, compared to its average volume of 52,648. The firm has a 50 day moving average price of $3.06 and a two-hundred day moving average price of $3.95. InnovAge has a 12 month low of $2.60 and a 12 month high of $6.69. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market capitalization of $426.02 million, a PE ratio of -16.58 and a beta of 0.40.

Institutional Investors Weigh In On InnovAge

A hedge fund recently raised its stake in InnovAge stock. Bank of America Corp DE raised its stake in InnovAge Holding Corp. (NASDAQ:INNV - Free Report) by 42.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 19,945 shares of the company's stock after acquiring an additional 5,936 shares during the period. Bank of America Corp DE's holdings in InnovAge were worth $78,000 as of its most recent SEC filing. 12.26% of the stock is owned by institutional investors.

About InnovAge

InnovAge Holding Corp. manages and provides a range of medical and ancillary services for seniors in need of care and support to live independently in its homes and communities. The company manages its business through Program of All-Inclusive Care for the Elderly (PACE) approach. It also offers in-home care services consisting of skilled, unskilled, and personal care; in-center services, such as primary care, physical therapy, occupational therapy, speech therapy, dental services, mental health and psychiatric services, meals, and activities; transportation to the PACE center and third-party medical appointments; and care management.