secwatch.observer — SEC 8-K summary
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Issuer:     Enhabit, Inc. (EHAB)
CIK:        0001803737
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001803737-24-000187
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Enhabit Q3 net loss $110.2M, adjusted EBITDA $24.5M, guides revenue down
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- Net loss $110.2M ($2.20 EPS); adjusted EPS $0.03; revenue $253.6M, down 1.8% YoY.
- Home health revenue down 4.7%; hospice revenue up 11.0% on 6.9% higher patient days.
- Adjusted EBITDA $24.5M (+5.6% YoY); bank debt reduced by $10M in quarter.
- FY2024 guidance cut: revenue $1,031-1,046M (prev $1,050-1,063M), adj. EBITDA $98-102M.
- Non-Medicare admissions up 20.1% in home health; hospice average daily census +6.9% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1803737/000180373724000187/0001803737-24-000187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1803737/000180373724000187/ehab-20241106.htm
  HTML page:      https://secwatch.observer/filing/0001803737-24-000187

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer