Addus HomeCare Q1 adjusted EPS rises

Overview

• U.S. home care provider's Q1 revenue rose 7.7% yr/yr

• Adjusted EPS for Q1 rose 14.1% and beat analyst expectations

• Company acquired Indiana-based HomeCourt Home Care and agreed to buy another Indiana operation

Outlook

• Company expects continued organic growth and additional value from acquired operations in 2026

• Addus anticipates further acquisition opportunities and expansion in 2026

• Company sees favorable business trends and ongoing demand for home-based care services

Result Drivers

• PERSONAL CARE GROWTH - Organic revenue in personal care rose 6.5%, driven by higher service volumes and rate increases in Texas and Illinois

• HOSPICE SEGMENT - Hospice business delivered 7.7% organic revenue growth, supported by a higher average daily census

• STABLE HIRING - Company reported stable and consistent hiring trends despite brief winter weather interruptions in January

Company press release: ID:nBwb6HlvQa

Key Details

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the healthcare facilities & services peer group is "buy"

• Wall Street's median 12-month price target for Addus Homecare Corp is $140.00, about 40.6% above its May 1 closing price of $99.56

• The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

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