Encompass Health (AMEX:EHC) Updates FY19 Earnings Guidance

Encompass Health (AMEX:EHC) issued an update on its FY19 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $3.71-3.85 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.83. The company issued revenue guidance of $4.5-4.6 billion, compared to the consensus revenue estimate of $4.58 billion.

Encompass Health has a 1-year low of $40.86 and a 1-year high of $59.29.

Encompass Health (AMEX:EHC) last announced its earnings results on Monday, July 29th. The company reported $1.08 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.11. The business had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the company posted $0.99 EPS. The business’s revenue for the quarter was up 6.3% compared to the same quarter last year.

EHC has been the subject of a number of recent analyst reports. Zacks Investment Research cut shares of Encompass Health from a hold rating to a sell rating in a research note on Tuesday, July 30th. Barclays upgraded shares of Encompass Health from an equal weight rating to an overweight rating and increased their price target for the company from $68.00 to $70.00 in a research note on Thursday, May 30th. Raymond James cut their price target on shares of Encompass Health from $80.00 to $75.00 and set an outperform rating for the company in a research note on Wednesday, July 31st. Royal Bank of Canada reiterated a buy rating on shares of Encompass Health in a research note on Wednesday, August 7th. Finally, BMO Capital Markets initiated coverage on shares of Encompass Health in a research note on Thursday, June 27th. They issued an outperform rating and a $72.00 price target for the company. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $75.14.

Encompass Health Company Profile

Encompass Health Corporation, formerly HealthSouth Corporation, is a provider of post-acute healthcare services, offering both facility-based and home-based post-acute services in 35 states and Puerto Rico through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies.

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Earnings History and Estimates for Encompass Health (AMEX:EHC)

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