Encompass Health Corp reports results for the quarter ended in September 30 - Earnings Summary

Encompass Health

29/10/2024 02:40

* Encompass Health Corp  EHC.N  reported quarterly adjusted
earnings of $1.03​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 86 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 94 cents
per share. Wall Street expected results to range from 89 cents
to $1.01 per share.
    * Revenue rose 11.9% to $1.35 billion from a year ago;
analysts
expected $1.33 billion. 
    * Encompass Health Corp's reported EPS for the quarter was
$1.06​.
    * The company reported quarterly net income of $108.2
million.
    * Encompass Health Corp shares had fallen by 3.3% this
quarter and
gained 40.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "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 $108.00 
This summary was machine generated from LSEG data October 29 at
02:40 a.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
 Sep. 30 2024      0.94           1.03           Beat
 Jun. 30 2024      1.01           1.11           Beat
 Mar. 31 2024      0.94           1.12           Beat
 Dec. 31 2023      0.82           0.95           Beat