logo
Plus   Neg
Share
Email

Amedisys Q2 Profit Rises

Amedisys Inc. (AMED) reported that its net income attributable to the company for the second-quarter rose to $34.7 million or $1.04 per share from $33.7 million or $1.02 per share last year.

Adjusted net income per share was $1.34 compared to $1.21 in 2019.

Net service revenue decreased to $485.0 million from $493.0 million in the prior year.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.81 per share and revenues of $469.13 million for the second quarter. Analysts' estimates typically exclude special items.

Looking ahead for 2020, the company expects adjusted earnings per share to be in the range of $4.84 to $5.06, and net service revenue of $2.040 billion to $2.070 billion. Wall Street currently is looking for fiscal year 2020 earnings of $4.54 per share on annual revenues of $2.04 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Consumers plan to spend less overall on gifts, holiday items, and non-gift purchases for themselves this holiday season, according to an annual survey by the National Retail Federation and Prosper Insights & Analytics. The survey also found that one in five, or 19 percent of holiday shoppers who typically travel for the holidays, prefer to remain at home this year due to the coronavirus pandemic. Microsoft is in agreement with Alaska Airlines to enable flying more sustainably on three most popular routes traveled by Microsoft employees on Alaska Airlines, which uses sustainable aviation fuel (SAF). The SAF, supplied by SkyNRG, is an important option for the aviation industry to reduce carbon (CO2) emissions on a life-cycle basis. Walmart and Sam's Club announced options for customers to safely dispose unused, unwanted and expired medication throughout the year. With this, the retail giant aims to help the public from potential danger for misuse and abuse of prescription medications. On Saturday, October 24, the company will host in-person medication disposal events at select store and club locations across U.S.
RELATED NEWS
Follow RTT