Q1 Will Not Be Great, But Positive Thesis Is Intact
The bitter Midwest winter will hurt ADUS' Q1 results. Let's hope that the Street and analysts understand that and that expectations for Q1 are muted. Services are delivered one on one in the patient's home. Snow and ice storms cause missed service, but the clients count is growing, and good weather will result in higher revenue and profits. Let's hope management can effectively communicate the results for Q1 and that the positive trend is still intact.