Encompass Health Corp

NYSE:EHC   3:59:54 PM EDT
-0.90 (-1.58%)
Other Pre-Announcement

Encompass Health Issues Full-Year 2022 Guidance For Encompass Health And Enhabit

Published: 06/07/2022 13:00 GMT
Encompass Health Corp (EHC) - Encompass Health Issues Full-year 2022 Guidance for Encompass Health and Enhabit.
Also Updating Its 2022 Consolidated Guidance.
Expects to Spin Off Enhabit to Form an Independent, Publicly Traded Company on July 1, 2022.
Sees 2022 Net Operating Revenues for Encompass Health Consolidated $5,330 Million to $5,420 Million.
Sees 2022 Enhabit Adjusted Earnings per Share Attributable to Enhabit $1.64 to $2.01.
Sees 2022 Consolidated Adjusted EPS From Continuing Operations Attributable to Encompass Health $3.76 to $4.05.
Sees 2022 Enhabit Net Service Revenue $1,080 Million to $1,120 Million.
Encompass Health -sees Encompass Health 2022-2026 Growth Targets of 6 to 10 De Novos per Year, 100 to 150 Bed Additions per Year, 6% to 8% Discharge Cagr.
Enhabit Does Not Anticipate Paying a Cash Dividend on Its Common Stock.
Anticipates Continuing to Pay a Cash Dividend on Its Common Stock Following Spin Off of Enhabit.
Sees Enhabit 2022-2026 Growth Targets of Approximately 10% Home Health Admissions Cagr.
FY2022 Earnings per Share View $4.12, Revenue View $5.46 Billion -- Refinitiv Ibes Data (analyst estimates).