Gentiva Health Services Earnings: Here’s Why Investors are Ambivalent Now

Gentiva Health Services Inc. (NASDAQ:GTIV) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Gentiva Health Services Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 14.81% to $0.23 in the quarter versus EPS of $0.27 in the year-earlier quarter.

Revenue: Decreased 4.6% to $415.6 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Gentiva Health Services Inc. reported adjusted EPS income of $0.23 per share. By that measure, the company missed the mean analyst estimate of $0.3. It missed the average revenue estimate of $427.95 million.

Quoting Management: “I am pleased with our overall results this quarter, which met our expectations despite a continued challenging reimbursement and regulatory environment,” said Gentiva CEO Tony Strange.

Key Stats (on next page)…

Revenue decreased 2.22% from $425.02 million in the previous quarter. EPS decreased 28.13% from $0.32 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.32 to a profit $0.23. For the current year, the average estimate has moved down from a profit of $1.26 to a profit of $1.01 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]