Kindred Healthcare, Inc. (KND) Declares $0.12 Quarterly Dividend; 2% Yield

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Kindred Healthcare, Inc. (KND) Reports In-Line Q1 EPS; Reaffirms

May 7, 2014 5:24 PM EDT

Kindred Healthcare, Inc. (NYSE: KND) reported Q1 EPS of $0.32, in-line with the analyst estimate of $0.32. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.32 billion.

Kindred Healthcare, Inc. sees FY2014 EPS of $1.05-$1.25, versus the consensus of $1.16.

Paul J. Diaz, Chief Executive Officer of the Company, commented, We are very pleased to report a solid start to 2014. As we expected, hospital volumes improved sequentially in the first quarter, which historically has been our seasonally strongest quarter. That said, we continued to experience the same volume and utilization challenges experienced... More