Enhabit Full Year 2023 Earnings: EPS Misses Expectations
Enhabit (NYSE:EHAB) Full Year 2023 Results
Key Financial Results
Revenue: US$1.05b (down 2.3% from FY 2022).
Net loss: US$80.5m (loss widened by 99% from FY 2022).
US$1.61 loss per share (further deteriorated from US$0.81 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Enhabit EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10.0%.
Looking ahead, revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Healthcare industry in the US.
Performance of the American Healthcare industry.
The company's shares are up 6.5% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Enhabit's balance sheet health.
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