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

Addus HomeCare

06/05/2024 23:05

* Addus Homecare Corp  ADUS.OQ  reported quarterly adjusted
earnings of $1.21​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 97 cents.  The mean expectation of
eight analysts for the quarter was for earnings of $1.09 per
share. Wall Street expected results to range from 95 cents
to $1.15 per share.
    * Revenue rose 11.6% to $280.75 million from a year ago;
analysts
expected $279.56 million. 
    * Addus Homecare Corp's reported EPS for the quarter was 97
cents​.
    * The company reported quarterly net income of $15.83
million.
    * Addus Homecare Corp shares had fallen by 5.0% this
quarter and
gained 5.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Addus Homecare
Corp is $110.00 
This summary was machine generated from LSEG data May 6 at 10:05
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
 Mar. 31 2024      1.09           1.21           Beat
 Dec. 31 2023      1.17           1.32           Beat
 Sep. 30 2023      1.08           1.15           Beat
 Jun. 30 2023      1.01           1.07           Beat