Invacare Corp. (IVC) Announces Quarterly Results
Invacare Corp. (NYSE:IVC) issued its quarterly earnings data on Thursday. The company reported $0.19 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.18) by $0.37, Analyst Ratings Network.com reports. The company had revenue of $334.99 million for the quarter, compared to the consensus estimate of $336.20 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was down 5.6% on a year-over-year basis.
Shares of Invacare Corp. (NYSE:IVC) opened at 19.65 on Thursday. Invacare Corp. has a 52-week low of $10.26 and a 52-week high of $25.96. The stock’s 50-day moving average is $22.50 and its 200-day moving average is $19.28. The company has a market cap of $628.9 million and a P/E ratio of 19.41.
Invacare Corporation (NYSE:IVC) is the manufacturer and distributor of medical equipment and supplies used in home.
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