Amedisys Inc (NASDAQ:AMED) is reporting third quarter earnings results on Wednesday 28th October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 1.28 per share.
For the full year, analysts predict revenues of $ 2061.87 million, while looking forward to income of $ 4.98 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,040.00 million ~ $ 2,070.00 million, where as bottomline are predicted in a range of $ 4.84 ~ $ 5.06 per share
Click Here For More Historical Outlooks Of Amedisys Inc
Previous Quarter Performance
Amedisys Inc communicated income for the second quarter of $ 1.34 per share, from the revenue of $ 485.06 million. The quarterly earnings grew 10.74 percent while revenues shrunk 0.88 percent compared with the same quarter last year.
Wall street analysts are predicting, AMED to report 2Q20 income of $ 0.81 per share from revenue of $ 469.13 million. The bottom line results beat street analysts by $ 0.53 or 65.43 percent, at the same time, top line results outshined analysts by $ 15.93 million or 3.40 percent.
Stock Performance
Shares of Amedisys Inc traded up $ 2.89 or 1.14 percent on Tuesday, reaching $ 255.61 with volume of 145.70 thousand shares. Amedisys Inc has traded high as $ 259.85 and has cracked $ 251.15 on the downward trend
According to the previous trading day, closing price of $ 255.61, representing a 98.80 % increase from the 52 week low of $ 127.12 and a 2.74 % decrease over the 52 week high of $ 259.85.
The company has a market capital of $ 8.30 billion and is part of the Healthcare sector and Home Health Care industry.
Recent Analyst recommendations
- On 21st September 2020, maintained by Oppenheimer at Outperform rating, with $ 260.00 target price.
- On 2nd September 2020, maintained by BMO Capital Markets at Market Perform rating, with $ 270.00 target price.
Amedisys, Inc., together with its subsidiaries, provides healthcare services in the United States. It operates through three segments: Home Health, Hospice, and Personal Care. The Home Health segment offers a range of services in the homes of individuals for the recovery of patients from surgery, chronic disability, or terminal illness, as well as prevents avoidable hospital readmissions through its skilled nurses, physical and speech therapists, occupational therapists, social workers, and aides for its patients to complete their important personal tasks.
