Almost Family Inc (AFAM) Releases Earnings Results, Beats Expectations By $0.01 EPS

Almost Family Inc (AFAM) reported quarterly earnings results on Wednesday, May-4-2016. The company said it had a profit of $0.59 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.58. The company posted revenue of $153.70 million in the period, compared to analysts expectations of $153.33 million. The company’s revenue was up 19.7% compared to the same quarter last year.

Almost Family Inc opened for trading at $42.09 and hit $42.37 on the upside on Monday, eventually ending the session at $42.11, with a gain of 0.24% or 0.1 points. The heightened volatility saw the trading volume jump to 57,390 shares. Company has a market cap of $434 M.

In a different news, on Aug 18, 2015, Henry M Jr Altman (director) sold 1,000 shares at $50.10 per share price. According to the SEC, on Aug 7, 2015, Tyree G Wilburn (director) sold 12,500 shares at $48.18 per share price. On Aug 5, 2015, Steven B Bing (director) sold 2,125 shares at $48.14 per share price, according to the Form-4 filing with the securities and exchange commission.

Almost Family Inc. along with its subsidiaries is a provider of home health services. The Company has two divisions Home Health Care and Healthcare Innovations. The Home Health Care division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). Healthcare Innovations is also a segment. The VN segment provides a range of home health nursing services to patients in need of recuperative care typically following a period of hospitalization or care in an inpatient facility. The PC segment provides services in patients’ homes primarily on an as-needed hourly basis. The Company’s Healthcare Innovations segment includes its developmental activities outside its traditional home health business platform. The Company has service locations in Florida Tennessee Ohio Kentucky Connecticut New Jersey Massachusetts Indiana Illinois Pennsylvania Georgia Missouri New York Mississippi and Alabama.

Almost Family Inc

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