Aveanna Healthcare reports strong Q4 2024 results, beats expectations

Aveanna Healthcare Holdings (NASDAQ:AVAH), a leading provider of home health care services, today announced its financial results for the fourth quarter and full year ending December 31, 2024.

For Q4 2024, Aveanna reported a net income of $29.2 million, a marked improvement from a loss in the same period the previous year.

On a per-share basis, the company achieved a net income of 14 cents, with adjusted earnings—accounting for one-time gains and costs—reaching 5 cents per share.

This performance surpassed Wall Street forecasts, where five analysts surveyed by Zacks Investment Research had predicted breakeven earnings per share.

Revenue for the quarter totaled $519.9 million, topping the $498.9 million anticipated by four Zacks analysts, reflecting robust demand for Aveanna’s services.

For the full year, Aveanna narrowed its net loss to $10.9 million, or 6 cents per share, compared to a larger loss in 2023.

Annual revenue climbed to $2.02 billion, underscoring the company’s growth trajectory.

Looking ahead, Aveanna provided an optimistic outlook, projecting full-year 2025 revenue between $2.1 billion and $2.12 billion, signaling confidence in continued expansion.