Encompass Health Corp reports results for the quarter ended in December - Earnings Summary

Encompass Health

07/02/2024 23:36

* Encompass Health Corp  EHC.N  reported quarterly adjusted
earnings of 95 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 88 cents.  The mean expectation of
ten analysts for the quarter was for earnings of 82 cents per
share. Wall Street expected results to range from 76 cents to 87
cents per share.
    * Revenue rose 9.6% to $1.25 billion from a year ago;
analysts
expected $1.24 billion. 
    * Encompass Health Corp's reported EPS for the quarter was
86
cents​.
    * The company reported quarterly net income of $87.6
million.
    * Encompass Health Corp shares had risen by 8.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Encompass
Health
Corp is $83.00 

This summary was machine generated from LSEG data February 7 at
11:36 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      0.82           0.95           Beat
 Sep. 30 2023      0.77           0.86           Beat
 Jun. 30 2023      0.75           0.95           Beat
 Mar. 31 2023      0.70           0.88           Beat