Encompass Health (AMEX:EHC) Updates FY19 Earnings Guidance

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Encompass Health (AMEX:EHC) updated its FY19 earnings guidance on Tuesday. The company provided earnings per share guidance of $3.71-3.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.83. The company issued revenue guidance of $4.5-4.6 billion, compared to the consensus revenue estimate of $4.58 billion.

Several brokerages have weighed in on EHC. Craig Hallum restated a buy rating and set a $76.00 target price (down from $81.00) on shares of Encompass Health in a research report on Monday, August 12th. Barclays upgraded shares of Encompass Health from an equal weight rating to an overweight rating and upped their target price for the stock from $68.00 to $70.00 in a research report on Thursday, May 30th. Zacks Investment Research lowered shares of Encompass Health from a hold rating to a sell rating in a research report on Tuesday, July 30th. Piper Jaffray Companies set a $77.00 target price on shares of Encompass Health and gave the stock a buy rating in a research report on Wednesday, July 31st. Finally, Raymond James lowered their target price on shares of Encompass Health from $80.00 to $75.00 and set an outperform rating on the stock in a research report on Wednesday, July 31st. One equities research analyst has rated the stock with a sell rating and eight have given a buy rating to the stock. The stock has an average rating of Buy and a consensus price target of $75.14.

Encompass Health has a 1 year low of $40.86 and a 1 year high of $59.29.

Encompass Health (AMEX:EHC) last released its quarterly earnings results on Monday, July 29th. The company reported $1.08 EPS for the quarter, beating the consensus estimate of $0.97 by $0.11. The business had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.14 billion. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.99 earnings per share.

About Encompass Health

Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.

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Earnings History and Estimates for Encompass Health (AMEX:EHC)

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