WOW!!! REDUCTION -2.25 per share . It will be ugly today.
The charge associated with the settlement will be recognized in the third quarter, along with associated expenses incurred in the third quarter. LHC Group anticipates the settlement amount and related expenses to be fully tax deductible. Accordingly, the company anticipates a reduction to net income of approximately $41.3 million, after tax, or approximately $2.25 per share.