Addus HomeCare (ADUS) Earnings Expected to Grow: Should You Buy?

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]