Will Encompass Health (EHC) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - Encompass Health (EHC) is positioned well to continue its trend of beating earnings estimates, supported by a strong history of performance in the Zacks Medical - Outpatient and Home Healthcare industry [1] Group 1: Earnings Performance - Encompass Health has consistently surpassed earnings estimates, achieving an average beat of 15.17% over the last two quarters [1] - In the most recent quarter, the company reported earnings of $1.11 per share against an expectation of $1.01, resulting in a surprise of 9.90% [1] - For the previous quarter, the consensus estimate was $0.93 per share, while the actual earnings were $1.12, leading to a surprise of 20.43% [1] Group 2: Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Encompass Health, with a positive Zacks Earnings ESP indicating a strong likelihood of an earnings beat [2] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced a positive surprise nearly 70% of the time [2] - Encompass Health currently has an Earnings ESP of +0.13%, suggesting analysts are optimistic about the company's earnings prospects [3] Group 3: Upcoming Earnings Report - The next earnings report for Encompass Health is expected to be released on October 28, 2024 [3]