U.S. Physical Therapy, Inc. (NYSE:USPH) operator of outpatient physical therapy clinics, is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.51 per share.
Looking ahead, the full year income are expected at $ 1.82 per share on the revenues of $ 412.02 million.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 2.98 ~ $ 3.10 per share
Click Here For More Historical Outlooks Of U.S. Physical Therapy, Inc.
Previous Quarter Performance
U.S. Physical Therapy, Inc. unwinded income for the second quarter of $ 0.85 per share, from the revenue of $ 83.86 million. Street analysts expected U.S. Physical Therapy, Inc. to report loss of $ 0.18 per share on revenue of $ 87.67 million for the second quarter. The top line results fell short of analysts by $ 3.81 million or 4.35 percent.
Stock Performance
Shares of U.S. Physical Therapy, Inc. traded low $ -4.08 or -4.61 percent on Wednesday, reaching $ 84.47 with volume of 51.40 thousand shares. U.S. Physical Therapy, Inc. has traded high as $ 88.87 and has cracked $ 83.60 on the downward trend
The closing price of $ 84.47, representing a 96.21 % increase from the 52 week low of $ 45.13 and a 39.86 % decrease over the 52 week high of $ 147.24.
The company has a market capital of $ 1.08 billion and is part of the Healthcare sector and Medical Care industry.
Conference Call
U.S. Physical Therapy, Inc. will be hosting a conference call at 10:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.usph.com
U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical therapy clinics that provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The company provides industrial injury prevention services, including onsite injury prevention and rehabilitation, performance optimization, and ergonomic assessments through physical therapists and specialized certified athletic trainers for Fortune 500 companies, and other clients comprising insurers and their contractors As of March 14, 2019, it operated 592 outpatient physical therapy clinics in 42 states; and managed 28 physical therapy facilities for unaffiliated third parties, including hospitals and physician groups.
