Enhabit Inc reports results for the quarter ended in December - Earnings Summary

Enhabit

06/03/2024 23:22

* Enhabit Inc  EHAB.N  reported quarterly adjusted earnings
of 6
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 32
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 3 cents per share. Wall Street expected
results to range from zero cents to 5 cents per share.
    * Revenue fell 5.3% to $260.60 million from a year ago;
analysts
expected $260.16 million. 
    * Enhabit Inc's reported EPS for the quarter was a loss
of 13
cents​.
    * The company reported a quarterly loss of $6.4 million.
    * Enhabit Inc shares had fallen by 23.5% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "hold"

Wall Street's median 12-month price target for Enhabit Inc is
$10.00 
This summary was machine generated from LSEG data March 6 at
11:21 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      0.03           0.06           Beat
 Sep. 30 2023      0.06           0.03           Missed
 Jun. 30 2023      0.14           0.04           Missed
 Mar. 31 2023      0.15           0.09           Missed