Encompass Health Corp is a leading provider of integrated healthcare services, specializing in post-acute care through its extensive network of inpatient rehabilitation hospitals, home health agencies, and hospice services
The company focuses on delivering high-quality care and rehabilitation to patients recovering from serious illnesses and injuries, such as strokes or orthopedic surgeries, enhancing their overall health outcomes and quality of life. Through its commitment to innovative care models and comprehensive treatment plans, Encompass Health aims to meet the diverse needs of patients and foster a holistic approach to rehabilitation and recovery.
Health care services provider Encompass Health (NYSEEHC) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 12.7% year on year to $1.41 billion. The company expects the full year’s revenue to be around $5.85 billion, close to analysts’ estimates. Its non-GAAP profit of $1.17 per share was 14.2% above analysts’ consensus estimates.
It's a mixed session on Wall Street, with major indices struggling for direction as investors hold their breath ahead of a key jobs report set for Friday morning. The S&P 500 and the Nasdaq 100 edged up 0.3%, while the Dow Jones slipped 0.1% and small caps held steady.
Health care services provider Encompass Health (NYSEEHC)
will be announcing earnings results tomorrow after the bell. Here’s what investors should know.
On Monday, Encompass Health and Enhabit won their lawsuit in the Delaware Court of Chancery related to breaches of fiduciary duty by April Anthony, Luke James, and Chris Walker while they served as the senior officers at Encompass Health’s former home health and hospice division, which is now Enhabit. The Court awarded judgment against private equity firms Vistria Group and Nautic Partners and the home health and hospice business now known as VitalCaring Group for aiding and abetting “the egregious breaches of the duty of loyalty” by Anthony, James, and Walker.
