U.S. Physical Therapy: Q2 Earnings Snapshot

HOUSTON (AP) — HOUSTON (AP) — U.S. Physical Therapy Inc. (USPH) on Tuesday reported second-quarter net income of $7.5 million.

The Houston-based company said it had profit of 47 cents per share. Earnings, adjusted for non-recurring costs, were 73 cents per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share.

The physician staffing services company posted revenue of $167.2 million in the period, topping Street forecasts. Four analysts surveyed by Zacks expected $162.1 million.

_____

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