Adapthealth Corp expected to post earnings of 19  cents a share - Earnings Preview

AdaptHealth

03/11/2023 17:04

* Adapthealth Corp  AHCO.OQ   AHCO.O  is expected to show a
rise
in quarterly revenue when it reports  results 
    * The Plymouth Meeting Pennsylvania-based  company is
expected to
report  a 5.3% increase in revenue to $796.598 million from
$756.5 million a year ago, according to the mean estimate from
10 analysts, based on LSEG data. The company's guidance on
August 8 2023, for the period ended September 30, was for
revenue of $794.320 million.
    * ​Refinitiv's mean analyst estimate for Adapthealth Corp is
for
earnings of 19 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Adapthealth
Corp
is $16.5​, above​ its last closing price of $7.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.10        0.10       0.09      Missed  -11.5
 Mar. 31 2023  0.08        0.08       0.11      Beat    42.6
 Dec. 31 2022  0.25        0.28       -0.02     Missed  -107​
 Sep. 30 2022  0.31        0.31       0.11      Missed  -64.7
 ​​Jun.        0.25        0.26       0.09      Missed  -65
 30 2022                                                
 Mar. 31 2022  0.19        0.18       0.08      Missed  -55.6​
 Dec. 31 2021  0.32        0.34       0.17      Missed  -50.8
 Sep. 30 2021  0.27        0.28       0.20      Missed  -28.6
 This summary was machine generated November 3 at 17:04 GMT.  All
figures in US dollars  unless otherwise stated