Recap: Healthcare Services Group Q2 Earnings

Shares of Healthcare Services Group HCSG fell 1.05% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 29.17% over the past year to $0.31, which beat the estimate of $0.26.

Revenue of $452,029,000 decreased by 2.18% from the same period last year, which beat the estimate of $449,670,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Healthcare Services Group hasn't issued any revenue guidance for the time being.

Recent Stock Performance

52-week high: $31.33

Company's 52-week low was at $15.80

Price action over last quarter: Up 15.26%

Company Description

Healthcare Services Group Inc is a provider of housekeeping and facility-management services to the healthcare industry. The company operates two business segments: housekeeping, laundry, linen and other services; and dietary department services. Housekeeping includes management of clients' housekeeping departments, cleaning, disinfecting and sanitizing, laundry, and bed linen and uniform services. Dietary consists of food purchasing, meal preparation, and providing dietitian consulting services. Its clients are primarily nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States of America.