LHC Group (LHCG) Releases Earnings Results, Reports EPS of $0.52 EPS

LHC Group (LHCG) reported quarterly earnings results on Wednesday, Aug-3-2016. The company reported $0.52 EPS for the quarter. Analysts had a consensus estimate of $0.52. The company posted revenue of $226.00 million in the period, compared to analysts expectations of $221.09 million. The company’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS.

LHC Group closed down -0.84 points or -1.85% at $44.48 with 79,284 shares getting traded on Tusday. Post opening the session at $44.56, the shares hit an intraday low of $44.32 and an intraday high of $45.42 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.

In a different news, on Jun 10, 2016, Joshua L. Proffitt (Executive Vice President) sold 5,444 shares at $42.65 per share price. According to the SEC, on Jun 8, 2016, Donald Dwayne Stelly (President & COO) sold 1,326 shares at $43.55 per share price. On May 27, 2016, Keith G Myers (CEO and Chairman) sold 49,000 shares at $41.09 per share price, according to the Form-4 filing with the securities and exchange commission.

LHC Group Inc. is a holding company. The Company provides post-acute health care services to patients through its home nursing agencies community-based services agencies hospice agencies and long-term acute care hospitals (LTACHs). It operates in three segments: home-based services hospice services and facility-based services. LTACH locations provide services primarily to patients with complex medical conditions who have transitioned out of a hospital intensive care unit but whose conditions remain too severe for treatment in a non-acute setting. The Company owns and operates six LTACHs with eight locations of which all but one are located within host hospitals. It also owns and operates a pharmacy and a family health center. Its services include home-based services offered through its home nursing and community-based services agencies hospice services and facility-based services offered through its LTACHs.

LHC Group

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