Encompass Health beats earnings expectations by $0. 03

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Encompass Health ($NYSE:EHC) is a leading provider of healthcare services and solutions. They released their Q3 earnings and reported a non-GAAP EPS of $0. 67, beating expectations by $0. 03.

This is great news for the company, and investors will be sure to keep an eye on their stock price. Encompass Health has a strong reputation in the healthcare industry, and this latest earnings report is likely to only solidify their position as a leader in the space.

Earnings

ENCOMPASS HEALTH reported their earnings for FY2022 Q2 on June 30. They earned 5267.6M USD in total revenue and 327.8M USD in net income. Compared to the previous year, this is a 2.9% increase in total revenue and a 20.5% decrease in net income.

However, their net income has fluctuated during this time, with a peak in FY2021 and a decrease in FY2022. They are a strong company with a history of growth, and despite a decrease in net income this quarter, their total revenue is still up compared to previous years.

Price History

On Wednesday, Encompass Health stock opened at $49.7 and closed at $51.1, up by 4.3% from prior closing price of 49.0. Encompass Health is a leading provider of inpatient and outpatient rehabilitation services. The company has a strong track record of delivering quality care and improving patient outcomes. Encompass Health is committed to providing the best possible care for patients and families.

VI Analysis

For long term potential, a company’s fundamentals are key. The VI app makes analyzing a company’s fundamentals easy. Based on the VI Star Chart, ENCOMPASS HEALTH is strong in dividend, profitability, and medium in growth.

However, the company is weak in asset. ENCOMPASS HEALTH has an intermediate health score of 6/10, meaning it has a good chance of surviving any economic crisis without the risk of bankruptcy. The company is classified as a ‘rhino’, which is a company that has achieved moderate revenue or earnings growth. For investors looking for a company with good long-term potential, ENCOMPASS HEALTH is a good option.

VI Peers

There is fierce competition between Encompass Health Corp and its competitors: Community Health Systems Inc, Pennant Group Inc, Greenbrook TMS Inc. All four companies are leaders in the healthcare industry and are constantly striving to be the best.

– Community Health Systems Inc ($NYSE:CYH)

The company’s market capitalization is 311.19 million as of 2022. The company’s return on equity is -48.01%. The company operates in the healthcare sector and provides healthcare services to patients through its hospitals and related facilities.

– Pennant Group Inc ($NASDAQ:PNTG)

Pennant Group, Inc. provides healthcare services in the United States. The company operates in two segments, Home Health and Hospice, and Senior Living. It offers skilled nursing, physical therapy, occupational therapy, speech therapy, medical social work, and home health aide services to patients in their homes; and hospice services, including nursing care, pain management, social work, chaplain, and bereavement services. The company also provides senior living services, such as independent living, assisted living, and memory care services. As of December 31, 2020, it operated 257 senior living communities with 28,516 units. The company was formerly known as Curo Health Services, Inc. and changed its name to Pennant Group, Inc. in July 2018. Pennant Group, Inc. was founded in 2006 and is headquartered in Carrollton, Texas.

– Greenbrook TMS Inc ($TSX:GTMS)

Greenbrook TMS Inc is a healthcare company that provides treatment for depression and other mental disorders. The company has a market capitalization of 123.09M and a return on equity of -213.16%. The company’s products and services are designed to help patients recover from mental illness and improve their quality of life.

Summary

There are a few things to consider before investing in Encompass Health. First, what is your investment goal? Are you looking for growth potential or income potential? Second, what is your risk tolerance? Encompass Health is a healthcare company, so there is some inherent risk in investing in the company.

However, Encompass Health has a strong track record of financial stability and has consistently outperformed its peers. Third, what is your time frame? Encompass Health is a long-term investment. If you are looking for immediate gains, you may want to look elsewhere. However, if you are patient and have a long-term investment horizon, Encompass Health could be a good option for you. If you are looking for a long-term investment with growth potential, Encompass Health could be a good option for you.