Providence Service (PRSC) Tops Q1 EPS by 6c, Beat on Revenues

Providence Service (NASDAQ: PRSC) reported Q1 EPS of $0.35, $0.06 better than the analyst estimate of $0.29. Revenue for the quarter came in at $399.5 million versus the consensus estimate of $386.14 million.

Highlights for the First Quarter of 2017:

• Revenue from continuing operations of $399.5 million, a 4.6% increase from first quarter 2016
• Income from continuing operations, net of tax, of $1.9 million, or $0.03 per diluted common share, includes restructuring and related charges of $2.4 million
• Adjusted Net Income of $6.6 million; Adjusted EPS of $0.35
• Segment-level Adjusted EBITDA of $22.5 million
• Repurchased 0.4 million shares from December 31, 2016 through May 9, 2017

For earnings history and earnings-related data on Providence Service (PRSC) click here.

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