Addus HomeCare Q1 2024 Adj EPS $1.21 Beats $1.09 Estimate, Sales $280.700M Beat $279.564M Estimate
Portfolio Pulse from Benzinga Newsdesk
Addus HomeCare (NASDAQ:ADUS) reported Q1 2024 earnings of $1.21 per share, surpassing the $1.09 estimate, with sales of $280.7M also beating the $279.564M estimate, marking an 11.57% increase from the previous year.
May 06, 2024 | 8:10 pm
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Addus HomeCare reported a strong Q1 2024 with earnings and sales exceeding estimates, indicating robust financial health and growth.
Addus HomeCare's earnings and sales for Q1 2024 not only surpassed analyst expectations but also showed significant year-over-year growth. This performance could positively influence investor sentiment and potentially lead to an increase in stock price in the short term, given the better-than-expected financial results and growth trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100