earnings
confidence high
sentiment positive
materiality 0.75
Addus HomeCare Q3 net revenue $289.8M (+7%); adj EPS $1.30 (+13%); Gentiva acquisition on track for Q4
Addus HomeCare Corp
2024-Q3 EPS reported
$3.17
revenue$857,455,000
- Net revenue $289.8M (+7% YoY), net income $20.2M ($1.10 diluted EPS).
- Adjusted EPS $1.30 (+13% vs $1.15); adjusted EBITDA $34.3M (+11.1%).
- Personal care segment 74.3% of revenue; same-store organic revenue growth 6.8%.
- Cash from ops $48.5M; cash $222.9M; credit facility expanded to $650M through July 2028.
- Acquisition of Gentiva's personal care operations expected to close in Q4 2024.