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

Enhabit

09/05/2024 20:58

* Enhabit Inc  EHAB.N  reported quarterly adjusted earnings
of 7
cents​​ per share for the quarter ended in January, lower than
the same quarter last year, when the company reported EPS of 9
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 4 cents per share. Wall Street expected
results to range from 1 cents to 7 cents per share.
    * Revenue fell 1% to $262.40 million from a year ago;
analysts
expected $267.93 million. 
    * Enhabit Inc's reported EPS for the quarter was 1 cent​.
    * The company reported quarterly net income of $200
thousand.
    * Enhabit Inc shares had fallen by 16.7% this quarter and
lost 6.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.4%
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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 2 "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 May 9 at 07:58
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      0.04           0.07           Beat
 Dec. 31 2023      0.03           0.06           Beat
 Sep. 30 2023      0.06           0.03           Missed
 Jun. 30 2023      0.14           0.04           Missed