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Amedisys (AMED) Q2 Earnings Top Estimates, Gross Margin Down
ZACKS· 2024-07-26 12:56
Amedisys, Inc. (AMED) reported adjusted earnings per share (EPS) of $1.32 in the second quarter of 2024, down 3.6% year over year. However, the metric beat the Zacks Consensus Estimate by 8.2%.The quarter’s adjustments include certain merger-related expenses and other (income)/expenses, net.GAAP EPS in the second quarter was 98 cents compared to a loss of $2.46 in the same period last year.Net service revenues totaled $591.2 million, up 6.9% year over year. The top line surpassed the Zacks Consensus Estimat ...
Compared to Estimates, Amedisys (AMED) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-07-25 14:36
Amedisys (AMED) reported $591.19 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 6.9%. EPS of $1.32 for the same period compares to $1.37 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $579.34 million, representing a surprise of +2.05%. The company delivered an EPS surprise of +8.20%, with the consensus EPS estimate being $1.22.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...
Amedisys(AMED) - 2024 Q2 - Quarterly Report
2024-07-25 12:01
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 June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECUR ...
Amedisys (AMED) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-07-24 22:46
Amedisys (AMED) came out with quarterly earnings of $1.32 per share, beating the Zacks Consensus Estimate of $1.22 per share. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.20%. A quarter ago, it was expected that this home health care and hospice services provider would post earnings of $1.01 per share when it actually produced earnings of $1.03, delivering a surprise of 1.98%.Over the la ...
Amedisys(AMED) - 2024 Q2 - Quarterly Results
2024-07-24 20:31
Exhibit 99.1 AMEDISYS REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS BATON ROUGE, Louisiana (July 24, 2024) — Amedisys, Inc. (NASDAQ: AMED) today reported its financial results for the three and six-month periods ended June 30, 2024. Three-Month Periods Ended June 30, 2024 and 2023 • Net service revenue increased $38.2 million to $591.2 million compared to $553.0 million in 2023. • Net income attributable to Amedisys, Inc. of $32.3 million, which is inclusive of merger-related expenses totaling $11.9 million ...
Amedisys Reports Second Quarter 2024 Financial Results
Newsfilter· 2024-07-24 20:30
BATON ROUGE, La., July 24, 2024 (GLOBE NEWSWIRE) -- Amedisys, Inc. (NASDAQ:AMED) today reported its financial results for the three and six-month periods ended June 30, 2024. Three-Month Periods Ended June 30, 2024 and 2023 Net service revenue increased $38.2 million to $591.2 million compared to $553.0 million in 2023.Net income attributable to Amedisys, Inc. of $32.3 million, which is inclusive of merger-related expenses totaling $11.9 million ($11.5 million, net of tax) compared to net loss attributable ...
Here's Why Amedisys (AMED) is a Strong Momentum Stock
ZACKS· 2024-07-15 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?D ...
AMED or USPH: Which Is the Better Value Stock Right Now?
ZACKS· 2024-07-10 16:46
Investors interested in Medical - Outpatient and Home Healthcare stocks are likely familiar with Amedisys (AMED) and U.S. Physical Therapy (USPH) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.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 puts an emphasis on earnings estimates and estimate r ...
AMED vs. USPH: Which Stock Should Value Investors Buy Now?
ZACKS· 2024-07-08 17:07
Investors interested in Medical - Outpatient and Home Healthcare stocks are likely familiar with Amedisys (AMED) and U.S. Physical Therapy (USPH) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores ...
Why Amedisys (AMED) is a Top Momentum Stock for the Long-Term
zacks.com· 2024-05-29 14:56
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed ...