LHC: Q3 Earnings Snapshot

LAFAYETTE, La. (AP) _ LHC Group Inc. (LHCG) on Wednesday reported third-quarter earnings of $17.3 million.

On a per-share basis, the Lafayette, Louisiana-based company said it had net income of 56 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to $1.06 per share.

The results missed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.

The entry-level homebuilder in the Texas, Arizona, Florida and Georgia markets posted revenue of $576.9 million in the period, which also did not meet Street forecasts. Eight analysts surveyed by Zacks expected $616.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a LHCG">Zacks stock report on LHCG at https://www.zacks.com/ap/LHCG