Why the Earnings Shock Streak May Proceed for Addus HomeCare (ADUS)

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Why the Earnings Shock Streak May Proceed for Addus HomeCare (ADUS)

If you might be searching for a inventory that has a strong historical past of beating earnings est


If you might be searching for a inventory that has a strong historical past of beating earnings estimates and is in an excellent place to take care of the development in its subsequent quarterly report, it is best to think about Addus HomeCare (ADUS). This firm, which is within the Zacks Medical – Outpatient and House Healthcare business, exhibits potential for an additional earnings beat.

This supplier of home-based private care, nursing and rehabilitative remedy providers has a longtime report of topping earnings estimates, particularly when trying on the earlier two stories. The corporate boasts a mean shock for the previous two quarters of 8.37%.

For the final reported quarter, Addus HomeCare got here out with earnings of $0.56 per share versus the Zacks Consensus Estimate of $0.54 per share, representing a shock of three.70%. For the earlier quarter, the corporate was anticipated to publish earnings of $0.46 per share and it truly produced earnings of $0.52 per share, delivering a shock of 13.04%.

Value and EPS Shock

For Addus HomeCare,…



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