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 ...

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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 ...

Core Viewpoint - Addus HomeCare (ADUS) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results having a significant impact on its near-term stock price [1] Earnings Expectations - The consensus estimate for Addus HomeCare's quarterly earnings is $1.20 per share, reflecting a year-over-year increase of +12.2% [2] - Expected revenues for the quarter are $283.76 million, which is a 9.2% increase from the same quarter last year [2] Estimate Revisions Trend - The consensus EPS estimate has remained unchanged over the last 30 days, indicating that analysts have not significantly altered their initial estimates during this period [3] Earnings Surprise Prediction - The Zacks Earnings ESP model shows that the Most Accurate Estimate for Addus HomeCare is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.17%, suggesting a bullish outlook from analysts [4][6] - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [5] Historical Performance - In the last reported quarter, Addus HomeCare exceeded the expected earnings of $1.10 per share by delivering $1.21, resulting in a surprise of +10% [8] - The company has beaten consensus EPS estimates in all of the last four quarters [8] Conclusion - Addus HomeCare is positioned as a compelling candidate for an earnings beat, although investors should consider other factors before making investment decisions [9]

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Believes Enhabit's Shares Do Not Reflect its Intrinsic Value or Strategic Potential Has Nominated Seven Highly Qualified Independent Directors Believes AREX Slate Would Provide Board With Sorely Needed Home Health and Hospice Expertise NEW YORK, May 09, 2024 (GLOBE NEWSWIRE) -- AREX Capital Management, LP ("AREX Capital Management" or "we"), together with its affiliates, the owners of approximately 4.8% of the shares of Enhabit, Inc. (NYSE:EHAB) (the "Company" or "Enhabit"), today issued the below statement ...

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 March 31, 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 oth ...

After navigating a tough pandemic era, the outpatient and home healthcare industry has been seeing steady growth on the back of innovation in services. The industry includes companies that offer ambulatory care in an outpatient setting or at home. They use advanced medical technologies for diagnosis, treatment, and rehabilitation services. These players are operators of HMO medical centers, kidney dialysis centers and other outpatient care centers.Meanwhile, Wall Street regained momentum in first week of Ma ...

For the quarter ended March 2024, Addus HomeCare (ADUS) reported revenue of $280.75 million, up 11.6% over the same period last year. EPS came in at $1.21, compared to $0.97 in the year-ago quarter.The reported revenue represents a surprise of +1.16% over the Zacks Consensus Estimate of $277.52 million. With the consensus EPS estimate being $1.10, the EPS surprise was +10.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...

Addus HomeCare (ADUS) came out with quarterly earnings of $1.21 per share, beating the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $0.97 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this provider of home-based personal care, nursing and rehabilitative therapy services would post earnings of $1.16 per share when it actually produced earnings of $1.32, del ...