Healthcare Services Group surges after results

Healthcare Services

21/10/2020 17:04

** Healthcare Services Group  HCSG.O  shares up 10.97% at
$25.79; on pace for biggest daily percentage gain since Apr 22
    ** Stock has risen as much as 12.9% to $26.24 on the session
    ** HCSG reported Q3 adj EPS of 37 cents vs mean expectation
of 27 cents per share; revenue of $435.95 mln roughly in-line
with $435.98 mln estimate but down 4.3% from yr-ago period
 urn:newsml:reuters.com:*:nASA0198W
    ** Co also declared a qtrly cash dividend of 20.5 cents a
share
    ** Wall Street's median 12-month price target for HCSG is
$24.00 and has fallen about 7.7% in the last 30 days
    ** About 645.4k HCSG shares have traded so far today, about
29.3% above its 30-DMA of volume of 499.3k shares
    ** YTD, shares of HCSG up ~6%



 ((charles.mikolajczak@tr.com; @ChuckMik; Reuters Messaging:
charles.mikolajczak.thomsonreuters.com@reuters.net))