earnings
confidence high
sentiment positive
materiality 0.75
HCSG Q2 2026: Revenue $470.8M, EPS $0.32, reaffirms mid-single-digit growth outlook
HEALTHCARE SERVICES GROUP INC
- Revenue of $470.8M; Environmental segment $213.2M (13.3% margin), Dietary $257.6M (7.5% margin).
- Net income $22.7M, diluted EPS $0.32; cost of services 84.1% vs. 86% target.
- Cash flow from operations $21.9M; adjusted for payroll accrual change, $27.9M.
- Repurchased $20.9M of stock in Q2; $44.9M YTD under $75M authorization; 8.3M shares remaining.
- Reaffirms 2026 mid-single-digit growth outlook; expects 2026 effective tax rate ~25%.