The Providence Service (NASDAQ:PRSC) released its quarterly earnings results on Thursday. The company reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.30, Bloomberg Earnings reports. The Providence Service had a return on equity of 7.84% and a net margin of 2.58%. The company had revenue of $406.90 million during the quarter, compared to analysts’ expectations of $405.94 million. During the same period last year, the business posted $0.33 earnings per share. The firm’s revenue was up 5.5% compared to the same quarter last year.
The Providence Service (NASDAQ PRSC) opened at $70.44 on Friday. The firm has a market capitalization of $865.39, a PE ratio of 39.42, a PEG ratio of 2.75 and a beta of 0.89. The Providence Service has a 1-year low of $38.04 and a 1-year high of $71.96.
In other news, Director Coliseum Capital Management, L sold 314,605 shares of the stock in a transaction dated Monday, December 11th. The stock was sold at an average price of $56.07, for a total value of $17,639,902.35. The sale was disclosed in a document filed with the SEC, which is available through this link. 18.93% of the stock is currently owned by corporate insiders.
WARNING: This news story was originally posted by BBNS and is owned by of BBNS. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://baseballnewssource.com/2018/03/10/the-providence-service-prsc-issues-earnings-results/1998466.html.
About The Providence Service
The Providence Service Corporation (Providence) is a holding company. The Company, through its subsidiaries, is engaged in the provision of healthcare and workforce development services for public and private sector entities. The Company’s segments include Non-Emergency Transportation Services (NET Services), Workforce Development Services (WD Services) and Matrix Investment.
Receive News & Ratings for The Providence Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Providence Service and related companies with MarketBeat.com's FREE daily email newsletter.