Addus HomeCare Corporation (NASDAQ:ADUS) is reporting third quarter financial results on Monday 2nd November 2020, after market close.
According to analysts surveyed by Thomson Reuters, ADUS is expected to report 3Q20 income of $ 0.65 per share from revenue of $ 189.03 million.
For the full year, analysts anticipate top line of $ 758.86 million, while looking forward to income of $ 2.91 per share bottom line.
Previous Quarter Performance
Addus HomeCare Corporation reported income for the second quarter of $ 0.73 per share, from the revenue of $ 184.58 million. The quarterly earnings improved 30.36 percent while revenues escalated 23.31 percent compared with the same quarter last year.
Street analysts expected Addus HomeCare Corporation to report income of $ 0.49 per share on revenue of $ 173.01 million for the second quarter. The bottom line results beat street analysts by $ 0.24 or 48.98 percent, at the same time, top line results outshined analysts by $ 11.57 million or 6.69 percent.
Stock Performance
On Friday, shares of Addus HomeCare Corporation has traded high as $ 99.26 and has cracked $ 96.26 on the downward trend, reaching $ 97.57 with volume of 69.90 thousand shares.
According to the previous trading day, closing price of $ 97.57, representing a 128.87 % increase from the 52 week low of $ 43.13 and a 7.73 % decrease over the 52 week high of $ 106.98.
The company has a market capital of $ 1.54 billion and is part of the Healthcare sector and Home Health Care industry.
Addus HomeCare Corporation provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States. It operates in three segments: Personal Care, Hospice, and Home Health. The Personal Care segment provides non-medical assistance with activities of daily living.
