Addus Homecare Corp reports results for the quarter ended in December - Earnings Summary

Addus HomeCare

26/02/2024 22:49

* Addus Homecare Corp  ADUS.OQ  reported quarterly adjusted
earnings of $1.32​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of $1.11.  The mean expectation of eight analysts
for the quarter was for earnings of $1.17 per share. Wall Street
expected results to range from $1.12  to $1.21 per share.
    * Revenue rose 11.9% to $276.35 million from a year ago;
analysts
expected $274.44 million. 
    * Addus Homecare Corp's reported EPS for the quarter was
$1.20​.
    * The company reported quarterly net income of $19.58
million.
    * Addus Homecare Corp shares had fallen by 4.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 8 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "strong buy"

Wall Street's median 12-month price target for Addus Homecare
Corp is $108.00 
This summary was machine generated from LSEG data February 26 at
10:48 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      1.17           1.32           Beat
 Sep. 30 2023      1.08           1.15           Beat
 Jun. 30 2023      1.01           1.07           Beat
 Mar. 31 2023      0.88           0.97           Beat