Addus HomeCare Q4 EPS $1.32 Beats $1.17 Estimate, Sales $276.35M Beat $274.44M Estimate
Portfolio Pulse from Happy Mohamed
Addus HomeCare (NASDAQ:ADUS) reported Q4 earnings of $1.32 per share, surpassing the $1.17 estimate, marking an 18.92% increase from last year. Sales reached $276.35M, exceeding the $274.44M estimate, up 11.86% from the previous year.
February 26, 2024 | 9:06 pm
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POSITIVE IMPACT
Addus HomeCare reported a significant beat on both earnings per share and sales for Q4, indicating strong financial performance.
Beating both earnings and sales estimates usually leads to positive investor sentiment and can drive the stock price up in the short term. The reported growth over the previous year further strengthens the case for a positive impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100