LHC Group (NASDAQ:LHCG) is set to announce third quarter earning results on Wednesday 4th November 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, LHCG to report 3Q20 income of $ 1.33 per share.
For the full year, analysts anticipate top line of $ 2056.05 million, while looking forward to income of $ 4.75 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 2,000.00 million ~ $ 2,050.00 million, where as bottomline are predicted in a range of $ 4.60 ~ $ 4.80 per share
Click Here For More Historical Outlooks Of LHC Group
Previous Quarter Performance
LHC Group revealed income for the second quarter of $ 1.23 per share, from the revenue of $ 487.32 million. Street analysts expected LHC Group to report income of $ 0.79 per share on revenue of $ 494.11 million for the second quarter. The bottom line results beat street analysts by $ 0.44 or 55.70 percent, at the same time, top line results fell short of analysts by $ 6.79 million or 1.37 percent.
Stock Performance
Shares of LHC Group traded up $ 6.64 or 3.06 percent on Tuesday, reaching $ 223.71 with volume of 169.60 thousand shares. LHC Group has traded high as $ 228.95 and has cracked $ 220.04 on the downward trend
According to the previous trading day, closing price of $ 223.71, representing a 117.07 % increase from the 52 week low of $ 100.00 and a 6.35 % decrease over the 52 week high of $ 231.79.
The company has a market capital of $ 7.07 billion and is part of the Healthcare sector and Medical Care industry.
LHC Group, Inc., a health care provider, specializes in the post-acute continuum of care primarily for Medicare beneficiaries in the United States. The companys Home Health Services segment offers home nursing services, including wound care and dressing changes, cardiac rehabilitation, infusion therapy, pain management, pharmaceutical administration, skilled observation and assessment, and patient education; medically-oriented social services; and physical, occupational, and speech therapy services. Its Hospice Services segment provides pain and symptom management accompanied by palliative medication, emotional and spiritual support, inpatient and respite care, homemaker services, dietary counseling, family bereavement counseling, and social worker visits.
