Gentiva Health Services Inc. (GTIV) reported third quarter net income of $15.4 million or $0.52 per share, compared to $120.9 million or $4.07 per share in the prior year.
Adjusted net income for the quarter was $15.9 million, up 27% compared with the prior year period. On a diluted earnings per share basis, adjusted net income was $0.54 per diluted share compared with $0.42 per diluted share a year earlier.
On average, ten analysts polled by Thomson Reuters expected the company to report earnings of $0.52 per share. Analysts' estimates typically exclude special items.
Net revenues for the quarter was $295.6 million, compared to $345.2 million in the previous year. Nine Wall Street analysts expected revenues of $300.66 million.
Looking forward, for the fiscal year 2009, the company reaffirms adjusted net income in a range of $2.04 to $2.10. Gentiva still expects full year net revenues in a range of $1.19 billion to $1.21 billion. Street analysts expect earnings of $2.10 per share on revenues of $1.20 billion.
For comments and feedback contact: editorial@rttnews.com
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.