Healthcare Services Stock Jumps 11% After Q3 Profit Beats Estimates

Core Insights - Healthcare Services Group, Inc. (HCSG) shares increased by 11.35% to $18.45 following the release of third-quarter earnings that exceeded expectations [1] - The company reported a profit of $42.95 million, or $0.59 per share, compared to $14.03 million, or $0.19 per share, in the same quarter last year [1] - Revenue grew by 8.5% to $464.34 million from $428.15 million, surpassing analysts' estimates of $0.20 per share [1] Stock Performance - The stock traded within a range of $18.14 to $20.00 during the session, opening at $18.46 and closing at $16.57 previously on the Nasdaq [2] - Trading volume reached 0.84 million shares, slightly above the average of 0.78 million shares [2] - Over the past 52 weeks, HCSG shares have fluctuated between $9.13 and $20.00 [2]