The earnings call highlighted significant efforts in securing new contracts and advancing digital transformation, which show promise for future growth. However, these positives are tempered by decreased revenue, increased net loss, and negative cash flow, reflecting ongoing challenges.

Company Guidance -

Q2 2025

During the call, ModivCare Inc. provided guidance that emphasized five strategic objectives: growing customer relationships, digitizing their care access platform, optimizing their operating model, increasing capital efficiency, and delivering client-centric supportive care. In Q1 2025, the company secured two new Medicaid managed care contracts worth approximately $52 million in annual value and submitted four state contract renewals totaling over $246 million. Despite a loss of a $15 million regional contract, they focused on strengthening customer retention. The digital transformation efforts led to a self-service call-to-trip ratio increase to 36.1%, a 1.2% reduction in unit costs, and a 31.2% decrease in complaints. Revenue for the quarter was $650.7 million, down 5% year over year, with a net loss of $50.4 million. Adjusted EBITDA was $32.6 million, flat year over year. ModivCare is not issuing formal guidance for 2025, but is committed to executing initiatives with measurable KPIs, focusing on cash flow improvements, cost-saving measures, and platform modernization.

New Medicaid Managed Care Contracts

Secured two new Medicaid managed care contracts in the Southwest and Pacific region, with a combined annual contract value of approximately $52 million and expected in-year revenue contribution of around $38 million.

Digital Transformation Progress

Self-service call-to-trip ratio reached 36.1%, up from 35% in Q4 and 31% a year ago. Complaints declined 31.2% year over year, and on-time performance rose to 95.2%.

G&A Reduction Initiative

Launched a company-wide G&A reduction initiative targeting approximately $25 million in annualized savings.

Successful Collection of Receivables

Collected a large NCO contract receivable from 2024 of approximately $30 million a month earlier than expected.

Revenue Per Member Increase

Revenue per member per month rose 16% year over year, to $6.35, up 13% sequentially.

ModivCare (MODV) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

MODV Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 31, 2025	2025 (Q2)	-0.54 / -	-0.03	―	―	―
May 08, 2025	2025 (Q1)	-0.45 / -1.71	-0.09	-1800.00% (-1.62)
Mar 06, 2025	2024 (Q4)	0.51 / 0.19	1.29	-85.27% (-1.10)
Nov 06, 2024	2024 (Q3)	0.62 / 0.45	1.44	-68.75% (-0.99)
Aug 07, 2024	2024 (Q2)	0.77 / -0.03	1.47	-102.04% (-1.50)
May 02, 2024	2024 (Q1)	0.27 / -0.09	1.42	-106.34% (-1.51)
Feb 22, 2024	2023 (Q4)	1.28 / 1.29	2.11	-38.86% (-0.82)
Nov 02, 2023	2023 (Q3)	1.11 / 1.44	1.61	-10.56% (-0.17)
Aug 03, 2023	2023 (Q2)	1.62 / 1.47	1.99	-26.13% (-0.52)
May 04, 2023	2023 (Q1)	1.49 / 1.42	1.57	-9.55% (-0.15)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MODV Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 08, 2025	$1.35	$1.17	-13.33%
Mar 06, 2025	$3.55	$2.75	-22.54%
Nov 06, 2024	$16.95	$18.00	+6.19%
Aug 07, 2024	$19.49	$23.11	+18.57%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does ModivCare (MODV) report earnings?

ModivCare (MODV) is schdueled to report earning on Jul 31, 2025, After Close (Confirmed).

What is ModivCare (MODV) earnings time?

ModivCare (MODV) earnings time is at Jul 31, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MODV EPS forecast?

MODV EPS forecast for the fiscal quarter 2025 (Q2) is -0.54.

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