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

Encompass Health

24/04/2024 23:44

* Encompass Health Corp  EHC.N  reported quarterly adjusted
earnings of $1.12​​ per share for the quarter ended in March,
higher than the same quarter last year, when the company
reported EPS of 88 cents.  The mean expectation of
eleven analysts for the quarter was for earnings of 94 cents per
share. Wall Street expected results to range from 88 cents
to $1.01 per share.
    * Revenue rose 13.4% to $1.32 billion from a year ago;
analysts
expected $1.27 billion. 
    * Encompass Health Corp's reported EPS for the quarter was
$1.10​.
    * The company reported quarterly net income of $112.5
million.
    * Encompass Health Corp shares had fallen by 0.1% this
quarter and
gained 23.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.1%
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 "buy"
and
the breakdown of recommendations is 11 "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 "buy"

Wall Street's median 12-month price target for Encompass Health
Corp is $89.00 
This summary was machine generated from LSEG data April 24 at
10:44 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      0.94           1.12           Beat
 Dec. 31 2023      0.82           0.95           Beat
 Sep. 30 2023      0.77           0.86           Beat
 Jun. 30 2023      0.75           0.95           Beat