DALLAS (AP) – DALLAS (AP) – Enhabit Inc. (EHAB) reported fourth-quarter net income of $7.7 million on Tuesday.
On a per-share basis, the Dallas-based company said its net income was 15 Cents. Earnings adjusted for pre-tax expenses and non-recurring items was 32 cents per share.
The results beat Wall Street’s expectations. The average estimate of four analysts polled by Zacks Investment Research was 25 cents per share.
The home healthcare and hospice provider reported $275.1 million in revenue for the period, also beating Street’s forecasts. Three analysts polled by Zacks expected $268.2 million.
For the year, the company reported earnings of $62.5 million, or $1.26 per share. Revenue was $1.08 billion.
Enhabit expects annual earnings of between 50 cents and 89 cents per share and revenue of between $1.11 billion and $1.14 billion.
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This story was created by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access the Zacks stock report on EHAB at https://www.zacks.com/ap/EHAB.
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