Adapthealth Corp reports results for the quarter ended in June - Earnings Summary

AdaptHealth

08/08/2023 14:31

* Adapthealth Corp  AHCO.OQ  reported quarterly adjusted
earnings
of 9 cents​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for earnings of
10 cents per share.
    * Revenue rose 9% to $793.29 million from a year ago;
analysts
expected $765.20 million. 
    * Adapthealth Corp's reported EPS for the quarter was 9
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Adapthealth Corp shares had risen by 9.3% this quarter and
lost 30.8% so far this year.
    * The company reported quarterly net income of $13.98
million.
    * Wall Street's median 12-month price target for Adapthealth
Corp
is $15.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.10           0.09           Missed
 Mar. 31 2023      0.08           0.11           Beat
 Dec. 31 2022      0.28           -0.02          Missed
 Sep. 30 2022      0.31           0.11           Missed