While reporting financial results for the second quarter on Wednesday, Healthcare Services Group, Inc. (HCSG) reiterated its revenue growth guidance in the mid-single digits for the full-year 2025.
On average, five analysts polled expect the company to report revenue growth of 5.42 percent to $1.81 billion for the year.
The Company also raised its 2025 cash flow from operations forecast (excluding the change in payroll accrual) to $70.0 million to $85.0 million from the previous $60.0 million to $75.0 million range.
Further, the Company announced that it plans to accelerate the pace of its share buybacks, and over the next 12 months, intends to repurchase $50.0 million shares of its common stock under its February 2023 share repurchase authorization.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
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.