FRISCO, Texas (AP) — FRISCO, Texas (AP) — Addus HomeCare Corp. (ADUS) on Monday reported fourth-quarter net income of $19.5 million.
On a per-share basis, the Frisco, Texas-based company said it had profit of $1.07. Earnings, adjusted for one-time gains and costs, were $1.38 per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.38 per share.
The provider of home-based personal care, nursing and rehabilitative therapy services posted revenue of $297.1 million in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $292.2 million.
For the year, the company reported profit of $73.6 million, or $4.23 per share. Revenue was reported as $1.15 billion.
Addus HomeCare shares have fallen 13% since the beginning of the year. In the final minutes of trading on Monday, shares hit $108.84, an increase of 21% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ADUS at https://www.zacks.com/ap/ADUS
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