The Providence Service Corporation (NASDAQ:PRSC) released its quarterly earnings data on Tuesday. The company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.01, Bloomberg Earnings reports. The Providence Service Corporation had a net margin of 4.11% and a return on equity of 6.94%. The company had revenue of $409.50 million during the quarter, compared to the consensus estimate of $407.00 million. During the same period in the previous year, the firm earned $0.35 earnings per share. The Providence Service Corporation’s revenue for the quarter was down .7% on a year-over-year basis.

Shares of The Providence Service Corporation (NASDAQ:PRSC) traded down $0.61 during mid-day trading on Tuesday, hitting $54.13. 29,944 shares of the stock traded hands, compared to its average volume of 34,019. The stock has a market capitalization of $752.18, a P/E ratio of 41.27, a PEG ratio of 3.27 and a beta of 0.81. The Providence Service Corporation has a fifty-two week low of $34.88 and a fifty-two week high of $57.62.

ILLEGAL ACTIVITY NOTICE: This story was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another domain, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The original version of this story can be viewed at https://www.watchlistnews.com/the-providence-service-corporation-prsc-announces-quarterly-earnings-results/1686199.html.

Several equities research analysts have issued reports on PRSC shares. BidaskClub downgraded shares of The Providence Service Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. ValuEngine upgraded shares of The Providence Service Corporation from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Finally, Barrington Research boosted their price objective on shares of The Providence Service Corporation from $55.00 to $60.00 and gave the stock an “outperform” rating in a research note on Thursday, August 10th.

About The Providence Service Corporation

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.

Earnings History for The Providence Service Corporation (NASDAQ:PRSC)

Receive News & Ratings for The Providence Service Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Providence Service Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.