HealthSouth Corp. (HLS) Thursday reported first-quarter profit of $45.6 million or $0.48 per share, up from $37.3 million or $0.39 per share in the same period last year.
Income from continuing operations increased to $66.3 million or $0.48 per share. On average, 13 analysts polled by Thomson Reuters expected the company to earn $0.41 per share for the quarter. Analysts' estimates typically exclude special items.
Operating revenues totaled $572.6 million, up 6.3 percent from $538.6 million last year. Analysts expected revenues of $563.86 million.
Looking ahead, the company has raised its full-year earnings outlook to a range of $1.61 to $1.68 per share from the previous guidance range of $1.50 to $1.56 per share. Analysts currently see full-year earnings of $1.64 per share.
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