earnings
confidence high
sentiment positive
materiality 0.65
Healthcare Services Group Q3 revenue $428.1M, in line; EPS $0.19; reaffirms Q4 guidance
HEALTHCARE SERVICES GROUP INC
2024-Q3 EPS reported
$0.37
revenue$1,277,870,000
- Revenue $428.1M meets guidance; Q4 revenue estimate reaffirmed at $430-440M.
- Net income $14.0M, diluted EPS $0.19; adjusted EBITDA $24.8M.
- Housekeeping & laundry rev $191.1M (6.4% margin); dining & nutrition $237.0M (5.3% margin).
- Reaffirmed FY 2024 adjusted cash flow from operations forecast of $40-55M; Q3 adjusted CFO $19.0M.
- Repurchased 90k shares for $1.0M in Q3; 6.1M shares remain under buyback authorization.