Gentiva Health Services Inc. (GTIV) reported third quarter net income of $15.4 million or $0.52 per share, compared to $120.9 million or $4.07 per share in the prior year.
Adjusted net income for the quarter was $15.9 million, up 27% compared with the prior year period. On a diluted earnings per share basis, adjusted net income was $0.54 per diluted share compared with $0.42 per diluted share a year earlier.
On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $0.52 per share. Analysts' estimates typically exclude special items.
Net revenues for the quarter was $295.6 million, compared to $345.2 million in the previous year. Nine Wall Street analysts expected revenues of $300.66 million.
Looking forward, for the fiscal year 2009, the company reaffirms adjusted net income in a range of $2.04 to $2.10. Gentiva still expects full year net revenues in a range of $1.19 billion to $1.21 billion. Street analysts expect earnings of $2.10 per share on revenues of $1.20 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.