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

Encompass Health

06/08/2024 24:13

* Encompass Health Corp  EHC.N  reported quarterly adjusted
earnings of $1.11​​ per share for the quarter ended in June,
higher than the same quarter last year, when the company
reported EPS of 95 cents.  The mean expectation of
twelve analysts for the quarter was for earnings of $1.01 per
share. Wall Street expected results to range from 95 cents
to $1.10 per share.
    * Revenue rose 9.6% to $1.30 billion from a year ago;
analysts
expected $1.30 billion. 
    * Encompass Health Corp's reported EPS for the quarter was
$1.13​.
    * The company reported quarterly net income of $115.3
million.
    * Encompass Health Corp shares had risen by 8.1% this
quarter and
gained 39.0% 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 negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 12 "strong buy" or
"buy," no "hold" and no "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 Encompass Health
Corp is $97.00 
This summary was machine generated from LSEG data August 5 at
11:13 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
 Jun. 30 2024      1.01           1.11           Beat
 Mar. 31 2024      0.94           1.12           Beat
 Dec. 31 2023      0.82           0.95           Beat
 Sep. 30 2023      0.77           0.86           Beat