Option Care: Q1 Earnings Snapshot

BANNOCKBURN, Ill. (AP) — BANNOCKBURN, Ill. (AP) — Option Care Health, Inc. (OPCH) on Tuesday reported first-quarter earnings of $44.8 million.

On a per-share basis, the Bannockburn, Illinois-based company said it had net income of 26 cents.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share.

The infusion and home care services company posted revenue of $1.15 billion in the period, which also beat Street forecasts. Six analysts surveyed by Zacks expected $1.1 billion.

Option Care expects full-year revenue in the range of $4.65 billion to $4.8 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OPCH at https://www.zacks.com/ap/OPCH