An In-Depth Analysis of Encompass Health's (EHC) 2024 Outlook [Yahoo! Finance]
Encompass Health Corporation (EHC)
NASDAQ:AMEX Investor Relations:
investor.encompasshealth.com
Company Research
Source: Yahoo! Finance
It aims for solid growth in revenues and earnings for 2024, supported by operational improvements and capacity additions. Let's see how this guidance stacks up compared to estimates and the year-ago period's figures. Revenues Encompass Health expects net operating revenues to be within $5.2-$5.3 billion, the mid-point of which indicates an increase of 9.3% from the 2023 reported figure of $4.8 billion. The Zacks Consensus Estimate for the metric is pegged at $5.26 billion, while our model estimate is pegged at $5.24 billion. We expect Inpatient revenues and Outpatient and Other revenues to grow 9.2% and 10.3% year over year, respectively, in 2024, boosting the top line. Higher occupancy rates will likely play a major role in the top-line growth. The Zacks Consensus Estimate and our model estimate for the 2024 occupancy rate are pegged at 77.4%, indicating significant growth from 72.1% witnessed in 2023. Profits It expects adjusted EBITDA to be in the range of $1,015-$1,055
Show less
Read more
Impact Snapshot
Event Time:
EHC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EHC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EHC alerts
High impacting Encompass Health Corporation news events
Weekly update
A roundup of the hottest topics
EHC
News
- Encompass Health opens request for grant applications [Yahoo! Finance]Yahoo! Finance
- Encompass Health opens request for grant applicationsPR Newswire
- EHC or CHE: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Encompass Health Corporation (NYSE:EHC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Encompass Health (EHC) Stock Down Despite Q1 Earnings Beat [Yahoo! Finance]Yahoo! Finance
EHC
Earnings
- 4/24/24 - Beat
EHC
Sec Filings
- 5/1/24 - Form 4
- 4/30/24 - Form 144
- 4/24/24 - Form 8-K
- EHC's page on the SEC website