U.S. Physical Therapy Reports Record Quarterly and Six Months Operating Results
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US Physical Therapy (USPH) Tops Q2 EPS by 5c, Revenue Beats; Boosts FY18 EPS Outlook
August 2, 2018 8:06 AM EDTUS Physical Therapy (NYSE: USPH) reported Q2 EPS of $0.73, $0.05 better than the analyst estimate of $0.68. Revenue for the quarter came in at $115.1 million versus the consensus estimate of $111.74 million.
Second Quarter 2018 Compared to Second Quarter 2017
Net revenues increased $10.8 million, or 10.4%, from $104.3 million in the 2017 second quarter to $115.1 million in the 2018 second quarter, primarily due to an increase in net patient revenues from physical therapy operations from both internal growth and acquisitions, an increase in revenue from management contracts primarily due to acquired contracts and an increase in the revenue from the... More