Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Henry Khederian

Here's Why Aveanna Healthcare Shares Are Falling

Aveanna Healthcare Holdings Inc (NASDAQ:AVAH) shares are trading lower by 26.2% at $3.98 after the company reported FY21 EPS results were down from last year. The company also issued FY22 sales guidance below analyst estimates.

Aveanna Healthcare reported quarterly losses of 69 cents per share. This is a 72.5 percent decrease over losses of 40 cents per share from the same period last year. The company reported $1.68 billion in sales this quarter. This is a 12% increase over sales of $1.50 billion in the same period last year. Aveanna Healthcare sees FY22 sales as low as $1.89 billion or as high as $1.92 billion, which is lower than the analyst consensus estimate of $2.02 billion.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.