BIRMINGHAM, Ala., Feb. 15, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC) today announced preliminary plans to build a freestanding, 60-bed inpatient rehabilitation hospital in Avondale, Arizona. The hospital will be located within The District at Crystal Springs development at the southwest corner of Avondale Boulevard and McDowell Road. The hospital will serve patients recovering from debilitating illnesses and injuries, including strokes and other neurological disorders, brain injuries, spinal c ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many 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?The Zacks S ...

Quite a few top-rated stocks out of the Zacks Medical sector have highlighted this week’s earnings lineup with now appearing to be an ideal time to buy.Following their favorable quarterly results this week here are three intriguing healthcare stocks that investors will want to consider.Exelixis (EXEL) Exelixis is an oncology-focused biotech company that is starting to check the boxes in terms of both its growth and valuation. With a concentration on new drugs for the treatment of challenging cancers Exelixi ...

This is Taji on for Brian. Thank you for taking my question, and congrats on the quarter. So unfortunately, just one more question about labor. Just currently, are you able to fill all the demand that you're seeing in the market? And if not, how much more labor would you need to see you upsize like that volume growth? Yes. As I just mentioned, at no point in 2023, where we are unable to take volume because of labor constraints. And we'll continue to prioritize, we are going to serve all of the patients who ...

Encompass Health Corporation (EHC) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 95 cents, which outpaced the Zacks Consensus Estimate by 14.5%. The bottom line rose 8% year over year.Net operating revenues amounted to $1.2 billion, which advanced 9.6% year over year in the quarter under review. The top line beat the consensus mark by a whisker.The quarterly results benefited on the back of an increase in discharges and higher net patient revenue per discharge. However, the upside was pa ...

For the quarter ended December 2023, Encompass Health (EHC) reported revenue of $1.25 billion, up 9.6% over the same period last year. EPS came in at $0.95, compared to $0.88 in the year-ago quarter.The reported revenue represents a surprise of +0.76% over the Zacks Consensus Estimate of $1.24 billion. With the consensus EPS estimate being $0.83, the EPS surprise was +14.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

BIRMINGHAM, Ala., Feb. 5, 2024 /PRNewswire/ -- Encompass Health Corp. (NYSE: EHC), the nation's largest owner and operator of inpatient rehabilitation hospitals, today announced it has been named to Fortune's 'World's Most Admired Companies' list for 2024. "We are honored to be named one of Fortune's World's Most Admired Companies again this year. Receiving this recognition four consecutive years is a testament to the exceptional care we provide and the trust we continue to build with our patients, partners ...

Encompass Health Corporation (EHC) is slated to report fourth-quarter 2023 results on Feb 7, after market close.What Do the Estimates Say?The Zacks Consensus Estimate for Encompass Health’s fourth-quarter earnings per share is pegged at 83 cents compared with 88 cents in the year-ago quarter.The consensus mark for revenues is pegged at $1.2 billion, suggesting 8.8% growth from the year-ago quarter’s reported number.Encompass Health’s bottom line beat estimates in each of the trailing four quarters, the aver ...

Have you been paying attention to shares of Encompass Health (EHC) ? Shares have been on the move with the stock up 7.4% over the past month. The stock hit a new 52-week high of $72.09 in the previous session. Encompass Health has gained 7.4% since the start of the year compared to the -0.9% move for the Zacks Medical sector and the 8.6% return for the Zacks Medical - Outpatient and Home Healthcare industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it ...

Encompass Health Corporation (NYSE:EHC) Q3 2023 Results Conference Call October 27, 2023 10:00 AM ET Company Participants Mark Miller - Chief Investor Relations Officer Mark Tarr - President, CEO Doug Coltharp - CFO Conference Call Participants A.J. Rice - UBS Ann Hynes - Mizuho Securities Brian Tanquilut - Jefferies Kevin Fischbeck - Bank of America Matt Larew - William Blair Kieran Ryan - Deutsche Bank Operator Good morning, everyone and welcome to Encompass Health's Third Quarter 2023 Earnings Conference ...