Encompass Health (AMEX:EHC) Releases FY19 Earnings Guidance

Encompass Health (AMEX:EHC) updated its FY19 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of $3.90-3.94 for the period, compared to the Thomson Reuters consensus estimate of $3.84. The company issued revenue guidance of $4.59-4.61 billion, compared to the consensus revenue estimate of $4.59 billion.Encompass Health also updated its FY 2019
IntraDay guidance to 3.90-3.94 EPS.

Several equities analysts have recently issued reports on the company. UBS Group upped their target price on Encompass Health from $80.00 to $87.00 and gave the company a buy rating in a report on Friday. Stephens assumed coverage on Encompass Health in a report on Monday, October 21st. They issued an overweight rating and a $77.00 target price for the company. Deutsche Bank assumed coverage on Encompass Health in a report on Monday, September 16th. They issued a hold rating and a $70.00 target price for the company. Jefferies Financial Group upped their target price on Encompass Health from to in a report on Monday. Finally, Zacks Investment Research raised Encompass Health from a hold rating to a buy rating and set a $78.00 target price for the company in a report on Tuesday, December 31st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $76.08.

Encompass Health has a twelve month low of $40.86 and a twelve month high of $59.29.

Encompass Health (AMEX:EHC) last announced its quarterly earnings data on Monday, October 28th. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.04. The firm had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the company posted $0.91 earnings per share. Encompass Health’s revenue for the quarter was up 8.8% on a year-over-year basis.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of ∞. The ex-dividend date is Tuesday, December 31st.

About Encompass Health

Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.

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Earnings History and Estimates for Encompass Health (AMEX:EHC)

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