Invacare (IVC) to Release Earnings on Monday
Invacare (NYSE:IVC) is set to issue its quarterly earnings data after the market closes on Monday, August 5th. Analysts expect the company to announce earnings of ($0.28) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.
Invacare (NYSE:IVC) last issued its earnings results on Monday, May 6th. The health services provider reported ($0.32) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.01. The business had revenue of $223.40 million for the quarter, compared to analyst estimates of $229.93 million. Invacare had a negative net margin of 4.56% and a negative return on equity of 11.69%. The company’s revenue for the quarter was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.35) EPS.
Shares of Invacare stock opened at $4.40 on Monday. The firm has a market cap of $148.56 million, a price-to-earnings ratio of -3.33 and a beta of 2.05. The firm has a 50-day moving average of $5.04. The company has a current ratio of 1.97, a quick ratio of 1.29 and a debt-to-equity ratio of 0.78. Invacare has a 1 year low of $3.05 and a 1 year high of $18.25.
IVC has been the topic of a number of recent analyst reports. ValuEngine lowered shares of Zosano Pharma from a “buy” rating to a “hold” rating in a research note on Wednesday, May 1st. Zacks Investment Research lowered shares of Hallmark Financial Services from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Needham & Company LLC reiterated a “buy” rating and set a $100.00 price objective on shares of LivaNova in a research note on Tuesday, April 9th.
Invacare Company Profile
Invacare Corporation, together with its subsidiaries, designs, manufactures, distributes, and exports medical equipment for use in home health care, retail, and extended care markets worldwide. The company operates through Europe, North America/Home Medical Equipment, Institutional Products Group, and the Asia/Pacific segments.
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