Encompass Health: Q4 Earnings Snapshot

BIRMINGHAM, Ala. (AP) — BIRMINGHAM, Ala. (AP) — Encompass Health Corp. (EHC) on Wednesday reported fourth-quarter net income of $87.6 million.

The Birmingham, Alabama-based company said it had net income of 86 cents per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, came to 95 cents per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.

The rehabilitation hospital operator posted revenue of $1.25 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $1.24 billion.

For the year, the company reported profit of $352 million, or $3.47 per share. Revenue was reported as $4.8 billion.

Encompass Health expects full-year earnings in the range of $3.77 to $4.06 per share, with revenue in the range of $5.2 billion to $5.3 billion.


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