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AFAM - Almost Family Inc News Story

$56 1.1  1.9%

Last Trade - 29/03/18

Sector
Healthcare
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £572.0m
Position in Universe th / 6715

BRIEF-LHC Group Updates 2018 Guidance For Combined Company

Mon 2nd April, 2018 12:18pm
April 2 (Reuters) - LHC Group Inc:
    * LHC GROUP ANNOUNCES SUCCESSFUL COMPLETION AND
EFFECTIVENESS OF
MERGER WITH ALMOST FAMILY
    * UPDATES 2018 GUIDANCE FOR COMBINED COMPANY
    * ANNOUNCES NEW $500 MILLION SENIOR SECURED CREDIT FACILITY
    * NET SERVICE REVENUE IS EXPECTED TO BE IN A RANGE OF $1.84
BILLION TO $1.89 BILLION IN 2018 FOR COMBINED CO
    * ADJUSTED EARNINGS PER SHARE IS EXPECTED TO BE IN A RANGE
OF
$3.45 TO $3.55 IN 2018 FOR COMBINED CO
    * "CONFIDENT IN ACHIEVING $25 MLN IN PRE-TAX SYNERGIES BY
END OF
2019 AND LOOK FORWARD TO ADDITIONAL ACCRETION IN 2019 AND
BEYOND" 

Source text for Eikon:  ID:nBwbqPhZra 
Further company coverage:  LHCG.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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