Almost Family Reports Third Quarter 2015 Results

Go back to Almost Family Reports Third Quarter 2015 Results

Almost Family (AFAM) Misses Q3 EPS by 1c; Acquires Black Stone Operations

November 4, 2015 9:16 AM EST

Almost Family (NASDAQ: AFAM) reported Q3 EPS of $0.51, $0.01 worse than the analyst estimate of $0.52. Revenue for the quarter came in at $131.2 million versus the consensus estimate of $133.14 million.

Almost Family also announced that it has acquired the stock of Black Stone Operations, LLC (Black Stone) effective today. Black Stone, a provider of in-home personal care and skilled home health services has 2015 revenues approaching $50 million through service locations in the western half of Ohio and operates under the name "Home Care by Black Stone".

Strategic Rationale for the... More