Barrington Research Downgrades U.S. Physical Therapy (USPH) to Market Perform

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U.S. Physical Therapy Reports Record Quarter and Six Months Results

August 4, 2016 8:01 AM EDT

Issues Updated Earnings Guidance for 2016

HOUSTON--(BUSINESS WIRE)-- U.S. Physical Therapy, Inc. (USPH) (NYSE: USPH), a national operator of outpatient physical therapy clinics, today reported results for the quarter and six months ended June 30, 2016.

USPHs net income attributable to common shareholders from operations prior to revaluation of redeemable non-controlling interests, net of tax (operating results) increased 12.2% to $7.1 million for the second quarter of 2016 as compared to $6.3 million for the second quarter of 2015. Diluted earnings per share from operating results were $0.57 in the recent quarter as compared to $0.51 in the... More