Encompass Health Corporation ($EHC) 3Q20 Earnings Preview

Encompass Health Corporation (NYSE:EHC) is set to announce third quarter earning results on Wednesday 28th October 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, EHC to report 3Q20 income of $ 0.75 per share.

For the full year, analysts anticipate top line of $ 4686.33 million, while looking forward to income of $ 2.86 per share bottom line.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 4,850.00 million ~ $ 4,950.00 million, where as bottomline are predicted in a range of $ 3.50 ~ $ 3.72 per share

Click Here For More Historical Outlooks Of Encompass Health Corporation

Previous Quarter Performance

Encompass Health Corporation came out with income for the second quarter of $ 0.31 per share, from the revenue of $ 1,074.00 million. The quarterly earnings 71.30 percent while revenues fell 5.37 percent compared with the same quarter last year.
Wall street analysts are predicting, EHC to report 2Q20 income of $ 0.42 per share from revenue of $ 1053.58 million. The bottom line results missed street analysts by $ 0.11 or 26.19 percent, at the same time, top line results outshined analysts by $ 20.42 million or 1.94 percent.

Stock Performance

Shares of Encompass Health Corporation traded low $ -0.42 or -0.64 percent on Tuesday, reaching $ 65.01 with volume of 381.50 thousand shares. Encompass Health Corporation has traded high as $ 65.85 and has cracked $ 64.70 on the downward trend

According to the previous trading day, closing price of $ 65.01, representing a 36.28 % increase from the 52 week low of $ 48.01 and a 21.45 % decrease over the 52 week high of $ 83.30.

The company has a market capital of $ 6.46 billion and is part of the Healthcare sector and Medical Care industry.

Recent Stock Dividend Announcement

On October 20, 2020, the board of directors authorized quarterly dividend of $ 0.28 per share to holders of record as of the close of business on January 4, 2021, with payment date of January 15, 2021 and ex-dividend date on December 31, 2020.

The board of directors has authorized quarterly dividend of $ 0.28 per share on July 21, 2020. The dividend were payable on October 15, 2020 to holders of record as of the close of business on October 1, 2020 and ex-dividend date on September 30, 2020.

Encompass Health Corporation provides facility-based and home-based post-acute healthcare services in the United States. The company operates through two segments, Inpatient Rehabilitation, and Home Health and Hospice. The Inpatient Rehabilitation segment provides specialized rehabilitative treatment on an inpatient and outpatient basis to patients who are recovering from conditions, such as stroke and other neurological disorders, cardiac and pulmonary conditions, brain and spinal cord injuries, complex orthopedic conditions, and amputations.

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