Addus(ADUS)

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Addus HomeCare (ADUS) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-05 00:36
Addus HomeCare (ADUS) reported $289.79 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 7%. EPS of $1.30 for the same period compares to $1.15 a year ago.The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $288.89 million. With the consensus EPS estimate being $1.29, the EPS surprise was +0.78%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...
Addus HomeCare (ADUS) Q3 Earnings and Revenues Surpass Estimates
ZACKS· 2024-11-05 00:01
Addus HomeCare (ADUS) came out with quarterly earnings of $1.30 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $1.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.78%. A quarter ago, it was expected that this provider of home-based personal care, nursing and rehabilitative therapy services would post earnings of $1.20 per share when it actually produced earnings of $1.35, d ...
Addus(ADUS) - 2024 Q3 - Quarterly Results
2024-11-04 21:26
Exhibit 99.1 Contacts: Brian W. Poff Dru Anderson Executive Vice President, Chief Financial Officer FINN Partners Addus HomeCare Corporation (615) 324-7346 (469) 535-8200 dru.anderson@finnpartners.com investorrelations@addus.com ADDUS HOMECARE ANNOUNCES THIRD QUARTER 2024 FINANCIAL RESULTS Frisco, Texas (November 4, 2024) – Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the third quarter and nine months ended September 30, 2024. Third Q ...
Addus HomeCare (ADUS) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-28 15:05
Wall Street expects a year-over-year increase in earnings on higher revenues when Addus HomeCare (ADUS) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 4, 2024, might help the stock move higher if these key numbers are better ...
4 Stocks to Buy in an Evolving Outpatient Home Health Industry
ZACKS· 2024-10-23 16:05
The Zacks Medical - Outpatient and Home Healthcare industry has been witnessing a rapid shift toward digital healthcare treatment. In the past few years, there has been a significant rise in demand for telemedicine-focused online medical and artificial intelligence (AI)-powered technology services. Post-pandemic, many healthcare companies that were traditionally not technology-based transformed to survive in the market. Per a report by Precedence Research, the global home healthcare market was valued at $37 ...
All You Need to Know About Addus HomeCare (ADUS) Rating Upgrade to Buy
ZACKS· 2024-10-07 17:01
Core Viewpoint - Addus HomeCare (ADUS) has received a Zacks Rank upgrade to 2 (Buy), indicating a positive outlook on its earnings potential, which is expected to positively influence its stock price [1][2]. Earnings Estimates and Revisions - The Zacks Consensus Estimate for Addus HomeCare's earnings per share for the fiscal year ending December 2024 is projected at $5.22, reflecting a year-over-year increase of 14% [5]. - Over the past three months, analysts have raised their earnings estimates for Addus HomeCare by 5%, indicating a positive trend in earnings revisions [5]. Impact of Institutional Investors - Changes in earnings estimates are strongly correlated with stock price movements, as institutional investors adjust their valuations based on these estimates, leading to significant buying or selling activity [3]. - Rising earnings estimates and the subsequent upgrade in Zacks Rank suggest an improvement in Addus HomeCare's underlying business, which could lead to higher stock prices as investors respond to this trend [3]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [4]. - Addus HomeCare's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [7].
Addus(ADUS) - 2024 Q2 - Quarterly Report
2024-08-06 20:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34504 ADDUS HOMECARE CORPORATION (Exact name of registrant as specified in its charter) Delaware 20-5340172 (State or othe ...
Addus(ADUS) - 2024 Q2 - Earnings Call Transcript
2024-08-06 19:18
Addus HomeCare Corporation (NASDAQ:ADUS) Q2 2024 Earnings Conference Call August 6, 2024 9:00 AM ET Company Participants Dru Anderson – Senior Partner-FINN Partners Dirk Allison – Chairman and Chief Executive Officer Brian Poff – Chief Financial Officer Brad Bickham – President and Chief Operating Officer Conference Call Participants Tao Qiu – Macquarie Scott Fidel – Stephens Brian Tanquilut – Jefferies Jared Haase – William Blair Joanna Gajuk – Bank of America John Ransom – Raymond James Andrew Mok – Barcl ...
4 Stocks That Flaunt an Impressive Interest Coverage Ratio
ZACKS· 2024-08-06 16:01
Given the current scenario, investors should gauge the changing market dynamics and accordingly chalk out a sturdy investment strategy. Well, you can decide to buy or sell a particular stock by looking at its sales and earnings numbers. However, such a strategy does not always warrant superior returns when the market faces a myriad of issues. A critical analysis of the company’s financial background is always required for a better investment decision.Indeed, a company should be sound enough to meet its fina ...
Addus(ADUS) - 2024 Q2 - Quarterly Results
2024-08-05 20:20
Exhibit 99.1 Contacts: Brian W. Poff Dru Anderson Executive Vice President, Chief Financial Officer FINN Partners Addus HomeCare Corporation (615) 324-7346 (469) 535-8200 dru.anderson@finnpartners.com investorrelations@addus.com ADDUS HOMECARE ANNOUNCES SECOND QUARTER 2024 FINANCIAL RESULTS Frisco, Texas (August 5, 2024) – Addus HomeCare Corporation (NASDAQ: ADUS), a provider of home care services, today announced its financial results for the second quarter and six months ended June 30, 2024. Second Quarte ...