Amedisys (AMED) reported $571.41 million in income for the quarter ended March 2024, representing a year-over-year enhance of two.7%. EPS of $1.03 for a similar interval compares to $1.00 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $564.58 million, representing a shock of +1.21%. The corporate delivered an EPS shock of +1.98%, with the consensus EPS estimate being $1.01.
Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s value efficiency extra precisely.
Right here is how Amedisys carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Internet Service Income- Residence well being: $364 million versus the two-analyst common estimate of $358.15 million. The reported quantity represents a year-over-year change of +6%.
- Internet Service Income- Excessive Acuity Care: $6.40 million versus $6.20 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +36.2% change.
- Internet Service Income- Hospice: $201 million versus the two-analyst common estimate of $202.55 million. The reported quantity represents a year-over-year change of +3.9%.
View all Key Company Metrics for Amedisys here>>>
Shares of Amedisys have returned -1.2% over the previous month versus the Zacks S&P 500 composite’s -3% change. The inventory at present has a Zacks Rank #2 (Purchase), indicating that it may outperform the broader market within the close to time period.
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Amedisys, Inc. (AMED) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
