Jefferies Cuts Price Target on US Physical Therapy (USPH) to $60
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U.S. Physical Therapy to Present at the Stephens Fall Investment Conference
November 3, 2016 2:30 PM EDTHOUSTON--(BUSINESS WIRE)-- U.S. Physical Therapy, Inc. (NYSE: USPH), a national operator of outpatient physical therapy clinics (the Company), today announced that its Chief Executive Officer, Chris Reading, will present at the Stephens Fall Investment Conference on Wednesday, November 9, 2016. The presentation will cover an... More
U.S. Physical Therapy Reports Third Quarter and Nine Months Results
November 3, 2016 8:30 AM EDTHOUSTON--(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 nine months ended September 30, 2016.
USPHs net revenues in the third quarter of 2016 increased 5.1% to $88.3 million from $84.0 million in the third quarter of 2015. Income before taxes including non-controlling interests was $11.8 million as compared to $11.7 million in the comparable 2015 period. Due primarily to a higher estimated accrued tax rate of 39.8% for the recent quarter as compared to 38.6% in the third quarter of 2015, the income attributable to common shareholders... More
