Encompass Health Corp EHC.N reported quarterly adjusted earnings of $1.11 per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of twelve analysts for the quarter was for earnings of $1.01 per share. Wall Street expected results to range from 95 cents to $1.10 per share.
Revenue rose 9.6% to $1.30 billion from a year ago; analysts expected $1.30 billion.
Encompass Health Corp's reported EPS for the quarter was $1.13.
The company reported quarterly income of $115.3 million.
Encompass Health Corp shares had risen by 8.1% this quarter and gained 39.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 12 "strong buy" or "buy," "hold" and "sell" or "strong sell."
The average consensus recommendation for the healthcare facilities & services peer group is "buy."
Wall Street's median 12-month price target for Encompass Health Corp is $97.00
This summary was machine generated from LSEG data August 5 at 11:13 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 |
Jun. 30 2024 |
1.01 |
1.11 |
Beat |
Mar. 31 2024 |
0.94 |
1.12 |
Beat |
Dec. 31 2023 |
0.82 |
0.95 |
Beat |
Sep. 30 2023 |
0.77 |
0.86 |
Beat |