Addus HomeCare Corp. Q4 Profit Decreases, But Beats Estimates

Addus HomeCare Corp. (ADUS) reported earnings for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings totaled $19.53 million, or $1.07 per share. This compares with $19.58 million, or $1.20 per share, last year.

Excluding items, Addus HomeCare Corp. reported adjusted earnings of $25.21 million or $1.38 per share for the period.

Analysts on average had expected the company to earn $1.36 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 7.5% to $297.14 million from $276.35 million last year.

Addus HomeCare Corp. earnings at a glance (GAAP) :

-Earnings: $19.53 Mln. vs. $19.58 Mln. last year.
-EPS: $1.07 vs. $1.20 last year.
-Revenue: $297.14 Mln vs. $276.35 Mln last year.

by RTTNews Staff Writer

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