LHC Group Announces First Quarter 2019 Financial Results
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LHC Group (LHCG) Tops Q1 EPS by 9c, Revenues Miss; Raises FY19 EPS/Revenue/Adj. EBITDA Guidance
May 8, 2019 5:11 PM EDTLHC Group (NASDAQ: LHCG) reported Q1 EPS of $0.98, $0.09 better than the analyst estimate of $0.89. Revenue for the quarter came in at $502 million versus the consensus estimate of $512.45 million.
Net service revenue increased 72.7% to $502.6 million.Net income attributable to LHC Groups common stockholders increased 277.5% to $18.9 million. Earnings per diluted share attributable to LHC Groups common stockholders increased 114.3% to $0.60 which includes a 72.9% increase in weighted average diluted shares outstanding and the effect of costs and expenses described within the adjusted results below.Adjusted net income attributable to LHC Groups common stockholders... More