Hanger, Inc. (NYSE:HNGR) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, HNGR is expected to report 3Q20 loss of $ 0.01 per share from revenue of $ 244.75 million.
For the full year, analysts anticipate top line of $ 987.20 million, while looking forward to income of $ 0.25 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,125.00 million ~ $ 1,155.00 million
Click Here For More Historical Outlooks Of Hanger, Inc.
Previous Quarter Performance
Hanger, Inc. unwinded income for the second quarter of $ 0.35 per share, from the revenue of $ 233.43 million. Wall street analysts are predicting, HNGR to report 2Q20 loss of $ 0.32 per share from revenue of $ 184.06 million. The bottom line results beat street analysts by $ 0.67 or 209.38 percent, at the same time, top line results outshined analysts by $ 49.37 million or 26.82 percent.
Stock Performance
Shares of Hanger, Inc. traded up $ 1.18 or 6.51 percent on Tuesday, reaching $ 19.31 with volume of 169.90 thousand shares. Hanger, Inc. has traded high as $ 19.41 and has cracked $ 18.55 on the downward trend
According to the previous trading day, closing price of $ 19.31, representing a 60.30 % increase from the 52 week low of $ 11.31 and a 35.62 % decrease over the 52 week high of $ 28.16.
The company has a market capital of $ 735.74 million and is part of the Healthcare sector and Medical Care industry.
Hanger, Inc. provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services.
