BATON ROUGE, La. (AP) — BATON ROUGE, La. (AP) — Amedisys Inc. (AMED) on Tuesday reported second-quarter earnings of $28.1 million.
On a per-share basis, the Baton Rouge, Louisiana-based company said it had net income of 84 cents. Earnings, adjusted for non-recurring costs, were $1.54 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The home health care and hospice services provider posted revenue of $621.9 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $609.7 million.
Amedisys shares have climbed slightly more than 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $97.52, a fall of roughly 1% 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 AMED at https://www.zacks.com/ap/AMED
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