AdaptHealth Q2 EPS $0.09 Misses $0.10 Estimate, Sales $793.29M Beat $765.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
AdaptHealth (NASDAQ:AHCO) reported Q2 earnings of $0.09 per share, missing the analyst consensus estimate of $0.10 by 10%. However, the company's quarterly sales of $793.29 million beat the analyst consensus estimate of $765.20 million by 3.67%, marking a 9.03% increase from the same period last year.
August 08, 2023 | 10:32 am
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AdaptHealth's Q2 earnings per share missed estimates, but sales exceeded expectations and showed a YoY increase.
AdaptHealth's earnings per share missed analyst estimates, which could negatively impact the stock. However, the company's sales beat estimates and showed a year-over-year increase, which could offset the negative impact of the earnings miss.
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