Amedisys Reveals 49% Increase In Q4 Earnings

(RTTNews) - Amedisys (AMED) reported earnings for its fourth quarter that climbed from last year.

The company said its bottom line totaled $13.45 million, or $0.40 per share. This was higher than $9.00 million, or $0.27 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.35 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 12.6% to $338.37 million. This was up from $300.53 million last year.

Amedisys earnings at a glance:

-Earnings (Q4): $13.45 Mln. vs. $9.00 Mln. last year. -Earnings Growth (Y-o-Y): 49.4% -EPS (Q4): $0.40 vs. $0.27 last year. -EPS Growth (Y-o-Y): 48.1% -Analysts Estimate: $0.35 -Revenue (Q4): $338.37 Mln vs. $300.53 Mln last year. -Revenue Change (Y-o-Y): 12.6%