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Amedisys, UnitedHealth Group Extend Deadline To Complete $3.3B Merger
Investopedia· 2024-12-27 16:55
Key TakeawaysUnitedHealth Group and Amedisys agreed to extend the deadline to complete their $3.3 billion merger. The deal had been expected to be completed this week, but federal and state regulators moved to block it, and the challenge is currently before a Maryland court.The deal's new deadline is 10 days following the court's ruling or Dec. 31, 2025, whichever comes first. UnitedHealth Group (UNH) and Amedisys (AMED) agreed to extend the deadline to complete their $3.3 billion merger, after the U.S. Dep ...
Amedisys and UnitedHealth Extend Merger Deadline - What's Going On?
Benzinga· 2024-12-27 16:11
Amedisys Inc AMED shares are trading higher on Friday after the company announced it extended its merger deadline with UnitedHealth Group Incorporated UNH.In an exchange filing, the companies entered into a waiver agreement, further advancing their merger deal, originally announced on June 26, 2023.Under the terms of the agreement, Merger Sub, a wholly owned subsidiary of UnitedHealth, will merge with Amedisys, with Amedisys continuing to operate as a subsidiary of UnitedHealth Group.The companies have agre ...
AMED Q3 Earnings and Revenues Miss, Margins Dip, Stock Falls
ZACKS· 2024-11-11 14:40
Amedisys, Inc. (AMED) reported adjusted earnings per share (EPS) of $1.00 in the third quarter of 2024, up 2% year over year. However, the metric missed the Zacks Consensus Estimate by 12.3%.The quarter’s adjustments include certain merger-related expenses and other (income)/expenses, net.GAAP EPS was 51 cents compared with 79 cents in the corresponding period of 2023.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Following the earnings announcement, AMED’s shares lost 0.1% to reach ...
Amedisys(AMED) - 2024 Q3 - Quarterly Report
2024-11-07 13:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share AMED The NASDAQ Global Select Market FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE ...
Amedisys (AMED) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-07 03:30
For the quarter ended September 2024, Amedisys (AMED) reported revenue of $587.67 million, up 5.7% over the same period last year. EPS came in at $1.00, compared to $0.98 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $588.13 million, representing a surprise of -0.08%. The company delivered an EPS surprise of -12.28%, with the consensus EPS estimate being $1.14.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...
Amedisys (AMED) Q3 Earnings and Revenues Lag Estimates
ZACKS· 2024-11-07 01:11
Amedisys (AMED) came out with quarterly earnings of $1 per share, missing the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -12.28%. A quarter ago, it was expected that this home health care and hospice services provider would post earnings of $1.22 per share when it actually produced earnings of $1.32, delivering a surprise of 8.20%.Over the las ...
Amedisys(AMED) - 2024 Q3 - Quarterly Results
2024-11-06 21:30
Exhibit 99.1 AMEDISYS REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS BATON ROUGE, Louisiana (November 6, 2024) — Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three and ninemonth periods ended September 30, 2024. Three-Month Periods Ended September 30, 2024 and 2023 • Net service revenue increased $31.5 million to $587.7 million compared to $556.2 million in 2023. • Net income attributable to Amedisys, Inc. of $16.9 million, which is inclusive of merger-related expenses totaling $ ...
Amedisys Reports Third Quarter 2024 Financial Results
GlobeNewswire News Room· 2024-11-06 21:30
BATON ROUGE, La., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three and nine-month periods ended September 30, 2024. Three-Month Periods Ended September 30, 2024 and 2023 Net service revenue increased $31.5 million to $587.7 million compared to $556.2 million in 2023.Net income attributable to Amedisys, Inc. of $16.9 million, which is inclusive of merger-related expenses totaling $16.7 million ($16.7 million, net of tax) compared to net incom ...
Will Amedisys (AMED) Beat Estimates Again in Its Next Earnings Report?
ZACKS· 2024-10-16 17:15
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Amedisys (AMED) . This company, which is in the Zacks Medical - Outpatient and Home Healthcare industry, shows potential for another earnings beat.This home health care and hospice services provider has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise f ...
AMED vs. CHE: Which Stock Is the Better Value Option?
ZACKS· 2024-10-16 16:45
Investors interested in stocks from the Medical - Outpatient and Home Healthcare sector have probably already heard of Amedisys (AMED) and Chemed (CHE) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision ...