Adapthealth Corp expected to post earnings of 8  cents a share - Earnings Preview

AdaptHealth

05/05/2023 19:32

* Adapthealth Corp  AHCO.OQ   AHCO.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 9. 
    * The Plymouth Meeting Pennsylvania-based  company is
expected to
report  a 7.1% increase in revenue to $756.452 million from
$706.2 million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Adapthealth Corp is
for
earnings of 8 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 10 "strong buy" or
"buy," no "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 $22.5​, above​ its last closing price of $11.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.25        0.28       -0.02     Missed  -107
 Sep. 30 2022  0.31        0.31       0.11      Missed  -64.7
 Jun. 30 2022  0.25        0.26       0.09      Missed  -65​
 Mar. 31 2022  0.19        0.18       0.08      Missed  -55.6
 ​​Dec.        0.32        0.34       0.17      Missed  -50.8
 31 2021                                                
 Sep. 30 2021  0.27        0.28       0.20      Missed  -28.6​
 Jun. 30 2021  0.20        0.21       0.12      Missed  -43.7
 Mar. 31 2021  0.23        0.23       -0.04     Missed  -117.1
 This summary was machine generated May 5 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated