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Shares of Encompass Health (NYSE:EHC) rose 0.85% in after-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share were down 71.30% year over year to $0.31, which missed the estimate of $0.51.
Revenue of $1,074,000,000 declined by 5.37% from the same period last year, which missed the estimate of $1,080,000,000.
Outlook
Encompass Health hasn't issued any earnings guidance for the time being.
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Revenue guidance hasn't been issued by the company for now.
Price Action
52-week high: $83.30
52-week low: $48.01
Price action over last quarter: down 3.51%
Company Overview
Encompass Health Corp provides post-acute healthcare services in the United States through a network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. It operates in two segments: inpatient rehabilitation and home health and hospice. The inpatient rehabilitation segment contributes the majority of the firm's revenue and provides specialized rehabilitative treatment through a network of inpatient hospitals. These hospitals are concentrated in the eastern half of the United States and Texas. The home health and hospital segment provides skilled home health services through agencies concentrated in the southeastern United States and Texas, which include nursing, physical, occupational, and speech therapy, social work, and hospice services.
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.