earnings
confidence high
sentiment negative
materiality 0.70
Enhabit Q4 net loss $46M on $53.8M goodwill impairment; hospice revenue up 13% YoY; issues FY2025 guidance
Enhabit, Inc.
- Net loss $46.0M (diluted EPS -$0.92) vs loss $6.4M a year ago; includes $53.8M non-cash goodwill impairment.
- Adjusted EBITDA $25.1M (0.4% decline); adjusted EPS $0.04 vs $0.06.
- Home health revenue $200.4M (-4.3%); hospice revenue $57.8M (+13.1%) with 8.6% ADC growth.
- FY2025 guidance: revenue $1.05-1.08B, adj. EBITDA $101-107M, adj. EPS $0.41-0.51.
- Reduced bank debt $10M in Q4 ($40M total in 2024); opened three hospice de novo locations.