LHC Group (LHCG) PT Raised to $65 at Jefferies; Reiterates Buy
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LHC Group Reports First Quarter 2017 EPS of $0.53 on Revenue of $246.6 Million
May 3, 2017 5:12 PM EDTLAFAYETTE, La., May 03, 2017 (GLOBE NEWSWIRE) -- LHC Group, Inc. (NASDAQ: LHCG) today announced its financial results for the three months ended March 31, 2017.
Financial Results for the First Quarter of 2017 Compared with the First Quarter of 2016
Net service revenue increased 10.8% to $246.6 million for the first quarter of 2017 compared with $222.6 million for the first quarter of 2016.Net income attributable to LHC Group was $9.5 million, or $0.53 per diluted share, for the first quarter of 2017 compared with $7.7 million, or $0.44 per diluted... MoreLHC Group and Baptist Announce Joint Venture to Provide Home Health and Hospice Care
May 2, 2017 3:00 PM EDTLAFAYETTE, La., May 02, 2017 (GLOBE NEWSWIRE) -- LHC Group (NASDAQ: LHCG) and Baptist Memorial Health Care today announced entry into a definitive agreement to form a new joint venture to enhance home health and hospice services in Tennessee and Mississippi with possible future expansion into Arkansas. Baptist Memorial Health Care is a 17-hospital system spanning a three-state area.
Baptist provides home health and hospice services at eight facilities in Tennessee and Mississippi with 300-plus employees serving more than 900 patients across 50 counties. It is anticipated that the joint venture agreement will be... More
