Enhabit Inc reports results for the quarter ended in September 30 - Earnings Summary

Enhabit

07/11/2024 05:13

* Enhabit Inc  EHAB.N  reported quarterly adjusted earnings
of 3
cents​​ per share for the quarter ended September 30, identical
to the same quarter last year.  The mean expectation of
seven analysts for the quarter was for earnings of 4 cents per
share. Wall Street expected results to range from 2 cents to 6
cents per share.
    * Revenue fell 1.8% to $253.60 million from a year ago;
analysts
expected $261.64 million. 
    * Enhabit Inc's reported EPS for the quarter was a loss of
$2.20​.
    * The company reported a quarterly loss of $110.2 million.
    * Enhabit Inc shares had risen by 0.1% this quarter and
lost 23.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 26.4%
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 no "strong buy" or "buy," 6
"hold" and no "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
$8.75 
This summary was machine generated from LSEG data November 7 at
05:13 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      0.04           0.03           Missed
 Jun. 30 2024      0.05           0.07           Beat
 Mar. 31 2024      0.04           0.07           Beat
 Dec. 31 2023      0.03           0.06           Beat