Addus HomeCare: Q4 Earnings Snapshot
By AP News
Published - Feb 27, 2023, 05:54 PM ET
Last Updated - Jun 22, 2023, 07:15 PM EDT
FRISCO, Texas (AP) — FRISCO, Texas (AP) — Addus HomeCare Corp. (ADUS) on Monday reported fourth-quarter earnings of $14.8 million.
On a per-share basis, the Frisco, Texas-based company said it had net income of 91 cents. Earnings, adjusted for one-time gains and costs, were $1.11 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share.
The provider of home-based personal care, nursing and rehabilitative therapy services posted revenue of $247.1 million in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $246.6 million.
