Gentiva Upgraded To Neutral
We have upgraded our recommendation on Gentiva Health Services Inc. (NASDAQ:GTIV) to ‘Neutral’ on the back of a strong revenue growth trend, leading market position, elimination of lower margin business and growth from specialty programs. However, the optimism was curbed by the weak cash position and rising expenses. Gentiva reported its third-quarter operating earnings of [...]
We have upgraded our recommendation on Gentiva Health Services Inc. (NASDAQ:GTIV) to ‘Neutral’ on the back of a strong revenue growth trend, leading market position, elimination of lower margin business and growth from specialty programs. However, the optimism was curbed by the weak cash position and rising expenses.
Gentiva reported its third-quarter operating earnings of $8.3 million or 27 cents per share, lagging behind the Zacks Consensus Estimate of 48 cents. The income also compares … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards