Healthcare Services Group, Inc. HCSG reported in-line earnings for the first quarter on Tuesday.
The Bensalem, Pennsylvania-based company posted quarterly net income of $15.5 million, or $0.22 per share, versus $14.6 million, or $0.21 per share, in the year-ago quarter.
Its revenue rose around 14 percent to $355.2 million from $312.2 million in the year-ago period. However, analysts were expecting earnings of $0.22 per share on revenue of $351.34 million.
The company's board raised its quarterly cash dividend to $0.17750 per share from $0.17625 per share.
The average estimate among 4 Estimize users was for earnings of $0.23 per share and revenue of $351.88 million.
Healthcare Services shares fell 0.73 percent to $31.45 in the after-hours trading session.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in