Encompass Health (EHC) Q4 Earnings Beat on Higher Discharges
EHCEncompass Health (EHC) Zacks Investment Research·2024-02-09 03:06

Encompass Health Corporation (EHC) reported fourth-quarter 2023 adjusted earnings per share (EPS) of 95 cents, which outpaced the Zacks Consensus Estimate by 14.5%. The bottom line rose 8% year over year. Net operating revenues amounted to $1.2 billion, which advanced 9.6% year over year in the quarter under review. The top line beat the consensus mark by a whisker. The quarterly results benefited on the back of an increase in discharges and higher net patient revenue per discharge. However, the upside was ...