Healthcare Services Group Inc reports results for the quarter ended in December - Earnings Summary

Healthcare Services

14/02/2024 14:32

* Healthcare Services Group Inc  HCSG.OQ  reported quarterly
adjusted earnings of 31 cents​​ per share for the quarter ended
in December, higher than the same quarter last year, when the
company reported EPS of 22 cents.  The mean expectation of
five analysts for the quarter was for earnings of 16 cents per
share. Wall Street expected results to range from 15 cents to 17
cents per share.
    * Revenue fell 0% to $423.84 million from a year ago;
analysts
expected $424.24 million. 
    * Healthcare Services Group Inc's reported EPS for the
quarter was
31 cents​.
    * The company reported quarterly net income of $22.6
million.
    * Healthcare Services Group Inc shares had fallen by 8.8%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.9%
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 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Healthcare
Services Group Inc is $12.50 

This summary was machine generated from LSEG data February 14 at
02:31 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      0.16           0.31           Beat
 Sep. 30 2023      0.18           -0.07          Missed
 Jun. 30 2023      0.17           0.12           Missed
 Mar. 31 2023      0.13           0.17           Beat