If you're searching for a inventory that has a strong historical past of beating earnings estimates
If you’re searching for a inventory that has a strong historical past of beating earnings estimates and is in a great place to keep up the pattern in its subsequent quarterly report, it is best to take into account Addus HomeCare (ADUS). This firm, which is within the Zacks Medical – Outpatient and Dwelling Healthcare trade, reveals potential for one more earnings beat.
This supplier of home-based private care, nursing and rehabilitative remedy providers has a longtime document of topping earnings estimates, particularly when trying on the earlier two stories. The corporate boasts a median 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 put up earnings of $0.46 per share and it really produced earnings of $0.52 per share, delivering a shock of 13.04%.
Worth and EPS Shock
For Addus HomeCare,…