Amedisys: Q2 Earnings Snapshot

July 27, 2022 GMT

BATON ROUGE, La. (AP) _ Amedisys Inc. (AMED) on Wednesday reported second-quarter net income of $29.6 million.

The Baton Rouge, Louisiana-based company said it had profit of 91 cents per share. Earnings, adjusted for non-recurring costs, came to $1.47 per share.

The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.23 per share.

The home health care and hospice services provider posted revenue of $557.9 million in the period, which fell short of Street forecasts. Ten analysts surveyed by Zacks expected $581.7 million.

Amedisys expects full-year earnings in the range of $5.23 to $5.45 per share.

Amedisys shares have declined 21% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $128.16, a decrease of 50% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AMED at