AMED Q3 Earnings and Revenues Miss, Margins Dip, Stock Falls
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Amedisys reported its Q3 2024 earnings, showing year-over-year revenue growth in Home Health, Hospice, and High Acuity Care segments. However, the earnings and revenues missed expectations, and margins decreased, leading to a drop in stock price.
November 11, 2024 | 3:00 pm
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Amedisys' Q3 2024 earnings and revenues fell short of expectations, despite growth in key segments. Margins also decreased, leading to a decline in stock price.
The earnings and revenue miss, along with declining margins, are negative indicators for Amedisys, leading to a short-term decrease in stock price. The growth in segments is overshadowed by these misses.
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