Earnings Alert: Tivity Health (NASDAQ: TVTY)

On Monday, Shares of Tivity Health (NASDAQ: TVTY) jumped 3.39% to $22.85. The stock grabbed the investor’s attention and traded 759,982 shares as compared to its average daily volume of 1.20M shares. The stock’s institutional ownership stands at 95.40%.

Tivity Health (TVTY) stated fourth-quarter earnings of $28.50M. On a per-share basis, the Franklin, Tennessee-based company said it had profit of 67 cents. Earnings, adjusted for non-recurring costs, came to 73 cents per share. The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.

The wellness program administrator posted revenue of $153.0M in the period, falling short of Street forecasts. Three analysts surveyed by Zacks expected $153.70M.

For the year, the company stated profit of $98.80M, or $2.29 per share. Revenue was stated as $606.30M.

Tivity Health anticipates full-year revenue in the range of $612.0M to $627.0M.

TVTY has a market value of $1.06B while its EPS was booked as $2.28 in the last 12 months. The stock has 46.20M shares outstanding. In the profitability analysis, the company has gross profit margin of 28.60% while net profit margin was 16.30%. Beta value of the company was 1.09; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 1.60.


      

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