The Providence Service Corporation (NASDAQ:PRSC) is reporting third quarter financial results on Friday 6th November 2020, before market open.
According to analysts surveyed by Thomson Reuters, PRSC is expected to report 3Q20 income of $ 1.42 per share from revenue of $ 341.98 million.
For the full year, analysts anticipate top line of $ 1360.75 million, while looking forward to income of $ 5.84 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 319.00 million ~ $ 323.00 million
Click Here For More Historical Outlooks Of The Providence Service Corporation
Previous Quarter Performance
The Providence Service Corporation recorded income for the second quarter of $ 2.53 per share, from the revenue of $ 282.26 million. The quarterly earnings swell 3,514.29 percent while revenues declined 22.44 percent compared with the same quarter last year. The top line results fell short of analysts by $ 85.8 million or 23.31 percent.
Stock Performance
Shares of The Providence Service Corporation traded low $ -0.67 or -0.53 percent on Thursday, reaching $ 124.94 with volume of 85.10 thousand shares. The Providence Service Corporation has traded high as $ 127.05 and has cracked $ 123.77 on the downward trend
According to the previous trading day, closing price of $ 124.94, representing a 210.92 % increase from the 52 week low of $ 40.40 and a 1.13 % decrease over the 52 week high of $ 127.05.
The company has a market capital of $ 1.76 billion and is part of the Healthcare sector and Medical Care industry.
Conference Call
The Providence Service Corporation will be hosting a conference call at 8:00 AM eastern time on 6th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.prscholdings.com
The Providence Service Corporation provides healthcare services in the United States. It operates through Non-Emergency Transportation Services (NET Services) and Matrix Investment segments. The NET Services segment offers non-emergency medical transportation services for Medicaid or Medicare eligible members, whose limited mobility or financial resources hinder their ability to access necessary healthcare and social services.
