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0 9.950248756224E-05 -0.00109452736318407 -0.00159203980099499 -0.000696517412935256 -0.00238805970149249 -0.00184079601990052 -0.0043781094527363
Stock impact report

Encompass Health Q3 Earnings Beat on Higher Discharges, Stock Up 6.3% [Yahoo! Finance]

Encompass Health Corporation (EHC) 
NASDAQ:AMEX Investor Relations: investor.encompasshealth.com
Company Research Source: Yahoo! Finance
Strong quarterly results benefited from strong discharges, higher net revenue per discharge, and impressive growth-related initiatives. However, a rise in operating expenses, particularly in salaries and benefits, acted as a partial offset. EHC reported third-quarter adjusted earnings per share (EPS) of $1.03, which beat the Zacks Consensus Estimate by 9.6%. The bottom line increased 19.8% year over year. Net operating revenues of $1.4 billion improved 11.6% year over year. The top line beat the consensus mark by 1.7%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Encompass Health Corporation price-consensus-eps-surprise-chart | Encompass Health Corporation Quote EHC's net patient revenue per discharge rose 2.5% year over year but fell short of our growth estimate of 3.5%. Total discharges grew 8.8% year over year to 62.7 million, higher than our growth estimate of 61 million. Total operating expenses of $1.14 billion escalated 11.1% year over y Show less Read more
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