Kindred Healthcare (KND) Tops Q2 EPS by 4c, Offers Guidance

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Kindred Healthcare Reports Second Quarter 2016 Results at High End of Guidance Range

August 4, 2016 4:31 PM EDT

Company Reaffirms Full Year Outlook for 2016

Consolidated Revenues of $1.84 billion, GAAP Income from Continuing Operations of $34 million, GAAP Diluted EPS from Continuing Operations of $0.23 and EBITDAR of $251 million(1) in the Second Quarter Include Net Costs of $18 million Related to Impairments, Litigation, Transaction, Integration, Research and Development, Debt Amendment, Other Restructuring Costs, and Gain on Facility Swap

Core EBITDAR of $268 million(1) and Core Diluted EPS from Continuing Operations of $0.38(1) in the Second Quarter

Second... More