Encompass Health (EHC)

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Encompass Health (EHC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-29 15:06
The earnings report, which is expected to be released on August 5, 2024, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. Zacks Consensus Estimate Revenues are expected to be $1.3 billion, up 9.9% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.27% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectivel ...
Encompass Health increases and declares dividend on common stock and announces increase in common stock repurchase authorization
Prnewswire· 2024-07-24 12:27
BIRMINGHAM, Ala., July 24, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE:EHC) today announced that its board of directors approved an increase in the Company's quarterly dividend of approximately 13% and declared a quarterly cash dividend on its common stock of $0.17 per share, payable on Oct. 15, 2024, to holders of record on Oct. 1, 2024. About Encompass Health Forward-Looking Statements Media Contact: Polly Manuel | 205-970-5912 [email protected] SOURCE Encompass Health Corp. Encompass Health also an ...
Encompass Health issues notice for partial redemption of its 5.75% senior notes due 2025
Prnewswire· 2024-07-15 14:06
BIRMINGHAM, Ala., July 15, 2024 /PRNewswire/ -- Encompass Health Corporation (NYSE: EHC) today issued notice for redemption of $150 million of the outstanding principal balance of its 5.75% senior notes due 2025 (the "2025 Notes"). The associated redemption date will be August 15, 2024, and the redemption price will be 100.0% of par, plus accrued and unpaid interest pursuant to the terms of the 2025 Notes. The Company plans to use cash on hand to fund the redemption. As a result of this redemption, the Comp ...
Why Encompass Health (EHC) is Poised to Beat Earnings Estimates Again
ZACKS· 2024-07-12 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Encompass Health (EHC) , which belongs to the Zacks Medical - Outpatient and Home Healthcare industry, could be a great candidate to consider. For the last reported quarter, Encompass Health came out with earnings of $1.12 per share versus the Zacks Consensus Estimate of $0.93 per share, representing a surprise of 20.43%. For the previous quarter, the ...
Encompass Health announces date of 2024 second quarter earnings call
Prnewswire· 2024-07-11 20:30
BIRMINGHAM, Ala., July 11, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced it will report results for its second quarter ended June 30, 2024, after the market closes Monday, Aug. 5, 2024. The Company will host an investor conference call at 10 a.m. ET on Tuesday, Aug. 6, 2024, to discuss its results. The conference call may be accessed by dialing 800-579-2543 and entering the conference ID EHCQ224. International callers should dial 785-424-1699 and provide the same conference ID. Ple ...
Encompass Health and Piedmont announce joint venture to own and operate rehabilitation hospital in Augusta, Georgia
Prnewswire· 2024-07-08 21:20
BIRMINGHAM, Ala. and AUGUSTA, Ga., July 8, 2024 /PRNewswire/ -- Piedmont, the leading healthcare system in the state of Georgia, and Encompass Health (NYSE: EHC), the nation's largest owner and operator of inpatient rehabilitation hospitals, today announced they have expanded their existing joint venture arrangement to include Walton Rehabilitation Hospital, in Augusta, Georgia. "We are excited to continue growing our partnership with Piedmont, a well‑respected integrated healthcare leader serving Georgia r ...
Baptist Health Rehabilitation Hospital, a 40-bed inpatient rehabilitation hospital, now open in Kentucky
Prnewswire· 2024-06-25 13:04
BIRMINGHAM, Ala., and LOUISVILLE, Ky., June 25, 2024 /PRNewswire/ -- Today, Baptist Health and Encompass Health (NYSE: EHC), the nation's largest owner and operator of inpatient rehabilitation hospitals, announce the opening of Baptist Health Rehabilitation Hospital, a 40-bed inpatient rehabilitation hospital located at 11800 Bluegrass Parkway in Louisville, Kentucky. "We are excited to celebrate the opening of our joint venture hospital with Baptist Health, with the unified goal of providing high-quality p ...
Encompass Health (EHC) Gains 30% in a Year: More Room to Run?
ZACKS· 2024-06-24 18:50
Shares of Encompass Health Corporation (EHC) have gained 30% in the past year compared with the industry's 15.6% growth. The Medical sector and the S&P 500 composite index rose 5.4% and 26.5%, respectively, in the same time frame. With a market capitalization of $8.5 billion, the average volume of shares traded in the last three months was 0.7 million. The leading rehabilitation hospital operator, presently carrying a Zacks Rank #2 (Buy), boasts an impressive track record of beating estimates in each of the ...
Here's Why Encompass Health (EHC) is a Strong Growth Stock
ZACKS· 2024-06-17 14:51
Company Overview - Encompass Health Corporation is a provider of integrated healthcare services, operating a network of 162 inpatient rehabilitation hospitals across 37 states and Puerto Rico, delivering high-quality, cost-effective care [12] - The company focuses on facility-based patient care and is positioned to benefit from coordinated care and integrated delivery payment models [12] Investment Potential - Encompass Health is identified as a top pick for growth investors, with a Growth Style Score of A, forecasting a year-over-year earnings growth of 12.6% for the current fiscal year [13] - The company holds a Zacks Rank of 2 (Buy) and a VGM Score of A, indicating strong potential for investment [23] Earnings Estimates - In the last 60 days, eight analysts have revised their earnings estimates upwards, with the Zacks Consensus Estimate increasing by $0.14 to $4.10 per share for fiscal 2024 [24] - Encompass Health has an average earnings surprise of 18.7%, suggesting a strong performance relative to expectations [24]
Encompass Health (EHC) JV Opens Atlanta Rehabilitation Hospital
zacks.com· 2024-05-24 17:46
Encompass Health Corporation (EHC) recently opened the Rehabilitation Hospital of Atlanta at 1968 Peachtree Road NW. This new 40-bed inpatient rehabilitation hospital is a joint venture (JV) between Encompass Health and Piedmont, the largest healthcare system in the state of Georgia. The new hospital in Atlanta, GA, will help patients recover from amputations, brain injuries, complex orthopedic conditions, spinal cord injuries and strokes and regain function. Patients will receive at least three hours of in ...