Aveanna reports Q2 adjusted EPS (2c), consensus (4c)

Reports Q2 revenue $471.9M, consensus $457.58M. Jeff Shaner, CEO, commented, “Our second quarter results affirm the Aveanna team’s strategy to adapt and transform our businesses as we execute on our key initiatives. Enhanced payor partnerships allow us to further invest in our caregivers and broaden our care to more patients in need. We are delivering high-quality care to our patients at an exceptional value to our government and payor partners. The Aveanna team’s efforts produced solid results, and we are pleased with our early 2023 performance. We are confident in our revised outlook for the remainder of 2023.”