Hanger (HNGR) Scheduled to Post Earnings on Wednesday

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Hanger (OTCMKTS:HNGR) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, August 7th. Analysts expect the company to announce earnings of $0.30 per share for the quarter.

Hanger (OTCMKTS:HNGR) last released its earnings results on Wednesday, May 8th. The healthcare company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.08). The business had revenue of $236.42 million during the quarter, compared to the consensus estimate of $243.40 million.

OTCMKTS:HNGR opened at $16.44 on Tuesday. The business’s 50 day moving average price is $17.45. Hanger has a 52 week low of $15.60 and a 52 week high of $24.50.

Separately, Zacks Investment Research raised Hanger from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 10th.

In related news, insider Vinit K. Asar purchased 2,700 shares of the company’s stock in a transaction dated Friday, May 10th. The shares were acquired at an average cost of $18.98 per share, for a total transaction of $51,246.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 2.36% of the company’s stock.

Hanger Company Profile

Hanger, Inc provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services.

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Earnings History for Hanger (OTCMKTS:HNGR)

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