ModivCare posts losses; Daily Journal posts profits
Read, Watch or Listen
Denver, ModivCare Inc. reported a $73.1 million third-quarter loss and $679.7 million revenue on Monday, while earlier filings showed a $303.7 million second-quarter loss with $659.6 million revenue. Los Angeles-based Daily Journal Corp. reported a $42.2 million fiscal fourth-quarter profit and $28.4 million revenue, and $112.1 million annual profit on the year. The figures come from AP-generated earnings snapshots also using Zacks Investment Research data and were published this week by multiple local outlets. Companies provided per-share results: ModivCare losses of $5.08 and $21.16; Daily Journal net income of $30.61 per share. Based on 6 articles reviewed and supporting research.
Prepared by Christopher Adams and reviewed by editorial team.
Timeline of Events
- ModivCare reported a $303.7 million Q2 loss with $659.6 million revenue.
- Daily Journal reported $42.2 million profit in its fiscal fourth quarter with $28.4 million revenue for that period.
- ModivCare reported a $73.1 million Q3 loss with $679.7 million revenue.
- Daily Journal reported $112.1 million in profit for the full year and $87.7 million in annual revenue.
- Multiple local outlets republished AP-generated Zacks summaries this week, disseminating headline earnings figures.
- Articles Published:
- 5
- Right Leaning:
- 0
- Left Leaning:
- 0
- Neutral:
- 5
- Distribution:
- Left 0%, Center 100%, Right 0%
Shareholders of Daily Journal benefited from the company’s reported $42.2 million fiscal Q4 profit and $112.1 million annual profit, as disclosed in AP-generated earnings summaries.
ModivCare shareholders experienced negative results as the company reported a $303.7 million Q2 loss and a $73.1 million Q3 loss in consecutive AP/Zacks snapshots.
Coverage of Story:
From Left
No left-leaning sources found for this story.
From Center
ModivCare posts losses; Daily Journal posts profits
WHAS 11 Louisville 9NEWS 9NEWS WTOP WTOPFrom Right
No right-leaning sources found for this story.
Comments