Enhabit Q3 Adj EPS $0.03 Misses $0.06 Estimate, Sales $258.30M Miss $265.32M Estimate
Portfolio Pulse from Benzinga Newsdesk
Enhabit (NYSE:EHAB) reported Q3 adjusted earnings of $0.03 per share, missing the analyst consensus estimate of $0.06 by 50%. This is a 84.21% decrease from the same period last year. The company also reported quarterly sales of $258.30 million, missing the analyst consensus estimate of $265.32 million by 2.65%. This is a 2.79% decrease from the same period last year.
November 07, 2023 | 10:01 pm
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NEGATIVE IMPACT
Enhabit's Q3 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the company's stock price in the short term.
Enhabit's earnings and sales for Q3 have both missed estimates, with a significant decrease from the same period last year. This underperformance could lead to a decrease in investor confidence, potentially leading to a drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100