Encompass Health Sees FY24 Adj. EPS $3.86-$4.11 Vs $3.97 Est.; Revenue $5.250B-$4.325B Vs $5.261B Est.
Portfolio Pulse from Benzinga Newsdesk
Encompass Health projects its FY24 adjusted EPS to be between $3.86 and $4.11, compared to the estimated $3.97. The company anticipates revenue to range from $5.250 billion to $4.325 billion, slightly below the estimated $5.261 billion.
April 24, 2024 | 8:29 pm
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Encompass Health's FY24 earnings and revenue projections are slightly below analyst estimates, indicating a cautious outlook.
Encompass Health's projected adjusted EPS and revenue for FY24 are both slightly below analyst expectations, which could lead to a negative short-term impact on the stock price. The company's cautious outlook, especially with revenue projections not meeting the estimated figures, may concern investors about potential growth challenges.
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