DALLAS (AP) — DALLAS (AP) — Enhabit Inc. (EHAB) on Tuesday reported a loss of $200,000 in its second quarter.
On a per-share basis, the Dallas-based company said it had a loss of less than 1 cent. Earnings, adjusted for non-recurring costs, were 7 cents per share.
The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The provider of home health and hospice services posted revenue of $260.6 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $266 million.
Enhabit expects full-year earnings in the range of 19 cents to 37 cents per share, with revenue in the range of $1.05 billion to $1.06 billion.
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