Encompass Health (EHC) Q4 Earnings Beat on Higher Discharges

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 ...