Addus HomeCare Q2 adjusted profit beats estimates

Addus HomeCare

03/08/2026 21:20

Overview
US home care provider's Q2 revenue rose 8% yr/yr
Adjusted EPS for Q2 rose 16% and beat analyst expectations
Q2 adjusted EBITDA increased nearly 12%, beating analyst estimates

Outlook
Company expects continued growth opportunities in the second half of 2026
Addus plans to pursue organic growth and acquisitions to expand market reach
Company sees strong demand for home-based care services continuing

Result Drivers
PERSONAL CARE GROWTH - Co said personal care segment revenue rose 6.8% organically, helped by higher volumes, the acquisition of HomeCourt Home Care, and state rate increases in Texas and Illinois
HOSPICE SEGMENT GROWTH - Hospice revenue rose 11.1% organically, driven by higher average daily census and revenue per patient day
COST MANAGEMENT - Co said focus on cost management and operational efficiency supported profitability improvements

Company press release: ID:nBw7VG7tXa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted EPS
Beat
$1.73
$1.70 (14 Analysts)
Q2 EPS
 
$1.49
 
Q2 Adjusted Net Income
Beat
$32 mln
$31.40 mln (11 Analysts)
Q2 Net Income
 
$27.60 mln
 
Q2 Adjusted EBITDA
Beat
$49.20 mln
$47.70 mln (13 Analysts)
Q2 Operating Cash Flow
 
$40 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the healthcare facilities & services peer group is "buy"
Wall Street's median 12-month price target for Addus Homecare Corp is $135.00, about 16.9% above its July 31 closing price of $115.48
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)