Addus HomeCare: Q3 Earnings Snapshot
By AP News
Published - Nov 04, 2024, 05:00 PM ET
Last Updated - Nov 04, 2024, 05:00 PM EST
FRISCO, Texas (AP) — FRISCO, Texas (AP) — Addus HomeCare Corp. (ADUS) on Monday reported third-quarter net income of $20.2 million.
On a per-share basis, the Frisco, Texas-based company said it had profit of $1.10. Earnings, adjusted for one-time gains and costs, came to $1.30 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The provider of home-based personal care, nursing and rehabilitative therapy services posted revenue of $289.8 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $288.9 million.
