Providence Service (PRSC) Tops Q3 EPS by 1c, Beats on Revenues

Providence Service (NASDAQ: PRSC) reported Q3 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $409.5 million versus the consensus estimate of $407 million.

Highlights for the Third Quarter of 2017:

• Revenue from continuing operations of $409.5 million
• Income from continuing operations, net of tax, of $15.0 million, or $0.88 per diluted common share, includes gain on sale of Mission Providence of $12.6 million
• Adjusted Net Income of $6.2 million
• Adjusted EPS of $0.32
• Segment-level Adjusted EBITDA of $24.3 million
• Completed the sale of Mission Providence JV

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

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