BIRMINGHAM, Ala. (AP) _ Encompass Health Corp. (EHC) on Monday reported third-quarter earnings of $97.6 million.
On a per-share basis, the Birmingham, Alabama-based company said it had net income of 98 cents. Earnings, adjusted for non-recurring gains, came to 93 cents per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 89 cents per share.
The rehabilitation hospital operator posted revenue of $1.16 billion in the period, which met Street forecasts.
Encompass Health expects full-year earnings in the range of $3.71 to $3.85 per share, with revenue in the range of $4.5 billion to $4.6 billion.
Encompass Health shares have climbed slightly more than 9% since the beginning of the year. In the final minutes of trading on Monday, shares hit $67.49, a drop of 6% in the last 12 months.