InnovAge (INNV) Expected to Announce Quarterly Earnings on Tuesday

InnovAge (NASDAQ:INNV - Get Free Report) is expected to issue its Q3 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce 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 earnings results on Tuesday, February 4th. The company reported ($0.10) earnings per share (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 Trading Up 5.7 %

NASDAQ:INNV traded up $0.17 during mid-day trading on Friday, hitting $3.15. The company had a trading volume of 12,883 shares, compared to its average volume of 52,474. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.16 and a current ratio of 1.16. InnovAge has a fifty-two week low of $2.60 and a fifty-two week high of $6.69. The firm has a market cap of $426.02 million, a P/E ratio of -16.58 and a beta of 0.41. The business's fifty day moving average is $3.06 and its two-hundred day moving average is $3.96.

Institutional Inflows and Outflows

An institutional investor recently raised its position in InnovAge stock. Bank of America Corp DE boosted its position 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 buying an additional 5,936 shares during the quarter. Bank of America Corp DE's holdings in InnovAge were worth $78,000 as of its most recent filing with the SEC. 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.