Enhabit Q2 EPS $0.04 Misses $0.14 Estimate, Sales $262.30M Miss $273.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enhabit (NYSE:EHAB) reported Q2 earnings of $0.04 per share, missing the analyst consensus estimate of $0.14 by 71.43%. This is a 91.49% decrease from the same period last year. The company also reported quarterly sales of $262.30 million, missing the analyst consensus estimate of $273.51 million by 4.10%. This is a 2.13% decrease from the same period last year.
August 09, 2023 | 8:30 pm
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Enhabit's Q2 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the stock price in the short term.
Enhabit's earnings and sales for Q2 significantly missed estimates, and also showed a substantial decrease compared to the same period last year. This underperformance could lead to a decrease in investor confidence, potentially driving the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100