U.S. Physical Therapy Reports Record Third Quarter And Nine Months Results

Go back to U.S. Physical Therapy Reports Record Third Quarter And Nine Months Results

US Physical Therapy (USPH) Reports In-Line Q3 EPS, Revenues Miss; Lowers FY19 EPS Guidance Below Consensus

November 7, 2019 8:09 AM EST

US Physical Therapy (NYSE: USPH) reported Q3 EPS of $0.71, in-line with the analyst estimate of $0.71. Revenue for the quarter came in at $113.1 million versus the consensus estimate of $121.23 million.

Chris Reading, Chief Executive Officer, said, Our Company had a lot going on in the third quarter and I want to underscore a few important areas including continued strong same store visit growth; improved margins in our physical therapy business; the first quarter following the sale of a portion of a physical therapy partnership that was no longer part of our long-term plan; and... More