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

AdaptHealth

09/05/2023 14:33

* Adapthealth Corp  AHCO.OQ  reported quarterly adjusted
earnings
of 11 cents​​ per share for the quarter ended in March. The mean
expectation of ten analysts for the quarter was for earnings of
8 cents per share.
    * Revenue rose 5.4% to $744.63 million from a year ago;
analysts
expected $756.45 million. 
    * Adapthealth Corp's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 58.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Adapthealth Corp shares had fallen by 2.9% this
quarter and
lost 37.2% so far this year.
    * The company reported quarterly net income of $15.71
million.
    * Wall Street's median 12-month price target for Adapthealth
Corp
is $22.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.26           0.09           Missed