Shares of Healthcare Services Group, Inc. (HCSG) are rising more than 8% Wednesday morning after reporting better-than-expected fourth quarter results.
Profit was $16.16 million or $0.22 per share in the fourth quarter, up from $2.11 milion or $0.03 per share in the same quarter a year ago. Analysts on average were expecting earnings of $0.11 per share.
Quarterly revenue increased to $424.02 million from $420.45 million last year. The consensus estimate was for $419.73 million.
HCSG is at $13.66 currently. It has traded in the range of $11.55-$20.54 in the last 1 year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.