US Physical Therapy Q2 Adj $0.73 Misses $0.82 Estimate, Sales $167.19M Beat $162.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
US Physical Therapy (NYSE:USPH) reported Q2 earnings of $0.73 per share, missing the analyst estimate of $0.82. However, sales were $167.19 million, beating the estimate of $162.35 million. Earnings decreased by 3.95% year-over-year, while sales increased by 10.37%.
August 13, 2024 | 8:33 pm
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US Physical Therapy reported Q2 earnings of $0.73 per share, missing the analyst estimate of $0.82. Sales were $167.19 million, beating the estimate of $162.35 million. Earnings decreased by 3.95% year-over-year, while sales increased by 10.37%.
The mixed results, with earnings missing but sales beating estimates, create a neutral short-term outlook. The earnings miss may concern investors, but the strong sales performance could offset some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100