Enhabit Inc reports results for the quarter ended June 30 - Earnings Summary

• Enhabit Inc EHAB.N reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 7 cents. The mean expectation of six analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 9 cents to 12 cents per share.

• Revenue rose 2.1% to $266.10 million from a year ago; analysts expected $263.39 million.

• Enhabit Inc's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of $5.2 million.

• Enhabit Inc shares had fallen by 30.6% this quarter and lost 14.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 24.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "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 Enhabit Inc is $10.00, about 32.3% above its last closing price of $6.77

This summary was machine generated from LSEG data August 7 at 02:01 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)