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Healthcare Services (HCSG) Misses Street's Q3 Views; Boosts Qtr. Dividend 7% to $0.16/Share

October 14, 2008 4:31 PM EDT
HCSG Hot Sheet
Financial Fact:
Net income: 8.58M

Today's EPS Names:
TARO, BRLI, TLB, More
Healthcare Services Group, Inc. (NASDAQ: HCSG) reports Q3 EPS of $0.13, 4 cents lower than the analyst estimate of $0.17. Revenues for the quarter were $152.98 million, versus the consensus of $153.23 million.

The Board declared a quarterly dividend of $0.16 per common share, representing a 7% increase from its last dividend payment of $0.15. The dividend is payable on November 7, 2008 to shareholders of record at the close of business October 24, 2008.

Healthcare Services Group, Inc., through its subsidiaries, provides housekeeping, laundry, linen, facility maintenance, and food services to nursing homes, retirement complexes, rehabilitation centers, and hospitals primarily in the United States and Canada.

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