Yahoo Finance U.S. Physical Therapy First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
U.S. Physical Therapy (NYSE:USPH) First Quarter 2024 Results
Key Financial Results
Revenue: US$154.0m (up 4.8% from 1Q 2023).
Net income: US$6.98m (down 7.0% from 1Q 2023).
Profit margin: 4.5% (down from 5.1% in 1Q 2023).
EPS: US$0.46 (down from US$0.58 in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
U.S. Physical Therapy Revenues Beat Expectations, EPS Falls Short
Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 22%.
Looking ahead, revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Healthcare industry in the US.
Performance of the American Healthcare industry.
The company's shares are up 2.3% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 5 warning signs for U.S. Physical Therapy you should know about.
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