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Stock impact report

Why Is Encompass Health (EHC) Up 5.3% Since Last Earnings Report? [Yahoo! Finance]

Encompass Health Corporation (EHC) 
NASDAQ:AMEX Investor Relations: investor.encompasshealth.com
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Encompass Health due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Encompass Health Q4 Earnings Beat on Higher Discharges Encompass Health reported fourth-quarter 2023 adjusted earnings per share (EPS) of 95 cents, which outpaced the Zacks Consensus Estimate by 14.5%. The bottom line rose 8% year over year. Net operating revenues amounted to $1.2 billion, which advanced 9.6% year over year in the quarter under review. The top line beat the consensus mark by a whisker. The quarterly results benefited on the back of an increase in discharges and higher net patient revenue per discharge. However, the upside was partly offset by elevated operating expenses. Q4 Operations EHC's net patient revenue per discharge inched up 0.9% year ov Show less Read more
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