Enhabit: Q1 Earnings Snapshot

DALLAS, TEXAS (AP). Enhabit Inc. reported a net profit of $2.7M for the first quarter.

The Dallas-based firm reported a net profit of 5 cents per share. The adjusted earnings per share, after non-recurring costs were 9 cents.

The results were below expectations. Zacks Investment Research surveyed three analysts who estimated earnings per share of 12 cents.

In the same period, revenue for home health and hospice services was $265.1 millions.

Enhabit anticipates a full-year profit in the 50 cents to the 89 cents range per share with revenues in the $1.11 billion to the $1.14 billion range.

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