×
0 0 0 0 0 0 0 -0.0317610808248401
Stockreport

Healthcare Services Group, Inc. Provides Update on First Quarter Results

HEALTH CARE SERVICES GROUP (HCSG)  More Company Research Source: GlobeNewswire
Last health care services group earnings: 4/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: hcsg.client.shareholder.com
PDF BENSALEM, Pa., April 16, 2018 (GLOBE NEWSWIRE) -- Healthcare Services Group, Inc. (NASDAQ:HCSG) today announced that in the first quarter of 2018, the company increased its accounts receivable allowance primarily related to the corporate restructurings of two privately-held, multi-state operators. The company expects the corresponding expense to unfavorably impact 1Q2018 EPS by $0.36-$0.38/share.  In conjunction with those restructurings, the company renegotiated certain financial terms and conditions, including accelerated payments.  Accordingly, the company expects no impact on future revenue, net income or EPS. The company also announced it achieved key operational and financial milestones related to the 2Q2017 dining & nutrition expansion with Genesis HealthCare and converted approximately $25 million of accounts receivable to notes receivable. This aligns with the company’s strategy to proactively strengthen customer payment obligations and further enhance its position within [Read more]

IMPACT SNAPSHOT EVENT TIME: HCSG
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 (SHARES)
TICKS

AVG SHARES PER TRADE

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