Preview: Encompass Health's Earnings
Portfolio Pulse from Benzinga Insights
Encompass Health (NYSE:EHC) is scheduled to release its quarterly earnings report on February 7, 2024. Analysts predict an EPS of $0.82. Historical data shows mixed reactions to past earnings, with the last quarter beating estimates but resulting in a slight share price drop. Shares have risen 19.15% over the past year, indicating positive sentiment among long-term investors.
February 06, 2024 | 3:03 pm
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POSITIVE IMPACT
Encompass Health is expected to report an EPS of $0.82 for the upcoming quarter. Historical performance shows a mixed reaction to earnings announcements, with a slight drop after the last beat. Shares have increased by 19.15% over the last year, indicating positive investor sentiment.
Given the positive long-term share performance and the company's history of beating EPS estimates, there is a cautiously optimistic outlook for EHC's short-term stock price movement. However, the actual impact will heavily depend on whether the company meets or exceeds the EPS estimate and the forward guidance provided.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100