LHC Group (LHCG) to Release Earnings on Wednesday
LHC Group (NASDAQ:LHCG) is scheduled to be posting its Q114 quarterly earnings results on Wednesday, May 7th. Analysts expect LHC Group to post earnings of $0.27 per share and revenue of $166.15 million for the quarter.
LHC Group (NASDAQ:LHCG) last posted its quarterly earnings results on Wednesday, March 5th. The company reported $0.29 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.32 by $0.03. The company had revenue of $165.30 million for the quarter, compared to the consensus estimate of $168.74 million. During the same quarter last year, the company posted $0.43 earnings per share. LHC Group’s revenue was up 2.2% compared to the same quarter last year. On average, analysts expect LHC Group to post $1.26 EPS for the current fiscal year and $1.33 EPS for the next fiscal year.
Shares of LHC Group (NASDAQ:LHCG) traded down 0.38% on Tuesday, hitting $20.79. 2,491 shares of the company’s stock traded hands. LHC Group has a one year low of $19.06 and a one year high of $26.90. The stock has a 50-day moving average of $21.68 and a 200-day moving average of $22.61. The company has a market cap of $366.2 million and a price-to-earnings ratio of 16.05.
On a related note, analysts at RBC Capital upgraded shares of LHC Group from an “underperform” rating to a “sector perform” rating in a research note on Monday, March 10th. They now have a $21.00 price target on the stock, up previously from $20.00. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $22.99.
LHC Group, Inc (NASDAQ:LHCG) provides post-acute health care services to patients through its home nursing agencies, hospices and long-term acute care hospitals (LTACHs).
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