Gentiva Health Services Inc reported a better-than-expected adjusted profit, driven by higher revenue from its home health business, and raised its full-year adjusted income forecast. Gentiva said it now expects full-year adjusted earnings of 95 cents to $1.15 per share, beating the average analyst expectation of 90 cents per share.On an adjusted basis, Gentiva's net income attributable to shareholders rose to $13.9 million, or 38 cents per share, in the second quarter ended June 30, from $6.8 million, or 22 cents per share, a year earlier.Revenue rose 20 percent to $498 million.Analysts had expected adjusted earnings of 23 cents per share on revenue of $492.3 million, according to Thomson Reuters I/B/E/S. (Reporting By Amrutha Penumudi; Editing by Simon Jennings)
Gentiva Health Services, Inc. (Gentiva) is engaged in providing home health services and hospice services. Shares of GTIV fell by 0.44% or $-0.08/share to $18.05. In the past year, the shares have traded as low as $7.35 and as high as $18.50. On average, 592255 shares of GTIV exchange hands on a given day and today's volume is recorded at 321638.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.69% or $0.26/share to $37.76. In the past year, the shares have traded as low as $32.87 and as high as $38.73. On average, 761388 shares of TRI exchange hands on a given day and today's volume is recorded at 447683.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.49% or $-0.2/share to $40.99. In the past year, the shares have traded as low as $34.52 and as high as $42.10. On average, 596286 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 1050419.
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