CRVL Earnings Prediction
The chart below shows how CRVL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CRVL sees a -10.29% change in stock price 10 days leading up to the earnings, and a -7.77% change 10 days following the report. On the earnings day itself, the stock moves by +4.24%. This data can give you a slight idea of what to expect for the next quarter's release.
CRVL Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
207.23M
11.75%
2.44%
Gross Margin
20.94%
-7.43%
0.48%
Operating Margin
--
--
--
Net Margin
9.39%
-4.18%
11.12%
EPS
1.12
7.69%
13.13%
No Data Available
CRVL Earnings Analysis
CorVel Corp Corporation (CRVL.O) Earnings Conference Call
Positive
December Revenue Increase: Revenues for the December quarter were $228,000,000, a 13% increase over the previous year.
Earnings Per Share Increase: Earnings per share for the quarter were $0.46, a 39% increase from $0.33 per share in the same quarter of the prior year.
Patient Management Revenue Growth: Revenue for patient management services was $146,000,000, reflecting an annual increase of 11%.
Wholesale Network Solutions Revenue: Revenue for network solutions sold in the wholesale market was $82,000,000, up 16% from the same quarter of the prior year, with gross profit in this segment increasing by 33%.
Share Repurchase Activity: During the quarter, the company repurchased 85,710 shares at a total cost of $9,600,000, contributing to a total repurchase of 69% of the total shares outstanding.
Negative
Quarterly Revenue Increase: Revenues for the December quarter were $228,000,000, which is a 13% increase over the previous year, but the overall growth rate indicates a slowing trend compared to previous quarters.
Earnings Growth Deceleration: Earnings per share for the quarter were $0.46, a 39% increase from $0.33 in the same quarter last year, but the growth rate is lower than the previous year's 50% increase, suggesting potential deceleration in profitability growth.
Patient Management Revenue Growth: The revenue for patient management services was $146,000,000, an annual increase of only 11%, indicating a decline in growth momentum compared to previous periods.
Revenue vs. Cost Challenges: Despite a gross profit increase of 15%, the overall revenue growth in network solutions was only 16%, which may not be sufficient to offset rising operational costs and inflationary pressures in the market.
Share Buyback Concerns: The company repurchased 85,710 shares at a total cost of $9,600,000, but this aggressive share buyback strategy raises concerns about the sustainability of cash flow amidst potential economic downturns.
CRVL FAQs
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CRVL Earning Call Sentiment
Earnings call transcript: CorVel Q4 2024 sees strong EPS growth, stock surges
CRVL.O
-5.01%Positive
The earnings call reveals strong financial performance with a 13% revenue increase and 39% EPS growth. The company is leveraging AI for efficiency, which is positively received by analysts. Share repurchase indicates confidence in financial health. Despite regulatory and competitive risks, the optimistic guidance and strategic use of technology suggest a positive market reaction. The market cap suggests moderate volatility, likely resulting in a 2% to 8% stock price increase.
