CorVel Reports Strong Q4 and Full-Year Earnings with Double-Digit EPS Growth
summarizeSummary
CorVel Corporation announced robust financial results for its fourth quarter and fiscal year ended March 31, 2026, reporting significant revenue and earnings per share growth.
check_boxKey Events
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Strong Fiscal Year Performance
Revenues grew 7% to $959 million, with diluted EPS increasing 17% to $2.14 for the fiscal year ended March 31, 2026.
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Solid Fourth Quarter Growth
Q4 revenues rose 7% to $249 million, and diluted EPS jumped 20% to $0.61 compared to the prior year's quarter.
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Healthy Financial Position & Share Repurchases
The company ended the quarter with $233 million in cash and no debt, repurchasing $20.1 million of common stock.
auto_awesomeAnalysis
CorVel's latest earnings report demonstrates continued strong financial performance, with both revenue and EPS showing double-digit year-over-year growth for the quarter and full fiscal year. The company's healthy cash position and ongoing share repurchase program further underscore its financial stability and commitment to shareholder returns, building on the positive trend seen in previous quarters.
At the time of this filing, CRVL was trading at $58.82 on NASDAQ in the Finance sector, with a market capitalization of approximately $3B. The 52-week trading range was $44.83 to $117.22. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.