Compared to Estimates, Encompass Health (EHC) Q2 Earnings: A Look at Key Metrics
For the quarter ended June 2023, Encompass Health (EHC) reported revenue of $1.19 billion, down 10.8% over the same period last year. EPS came in at $0.95, compared to $0.89 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.16 billion, representing a surprise of +2.02%. The company delivered an EPS surprise of +28.38%, with the consensus EPS estimate being $0.74.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Encompass Health performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net patient revenue per discharge: $20,387 compared to the $20,448.87 average estimate based on two analysts.
Total Discharges: 57011 compared to the 55710.31 average estimate based on two analysts.
Revenues- Inpatient Rehabilitation: $1.16 billion compared to the $1.14 billion average estimate based on two analysts. The reported number represents a change of +9.4% year over year.
Revenues- Outpatient and other: $24.80 million versus the two-analyst average estimate of $26.02 million.
View all Key Company Metrics for Encompass Health here>>>
Shares of Encompass Health have returned -1.7% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Encompass Health Corporation (EHC) : Free Stock Analysis Report
