Amedisys Turns To Profit In Q4, Beats Estimates - Quick Facts

(RTTNews) - Amedisys, Inc. (AMED) reported fourth-quarter net income attributable to the company of $9.14 million or $0.28 per share, compared to net loss of $9.63 million or $0.30 per share for the year-ago quarter.

Excluding items, adjusted net income from continuing operations for the latest quarter was $9.0 million or $0.27 per share, compared to net loss from continuing operations of $2.2 million or $0.07 per share in the year-ago period.

Net service revenue for the quarter declined to $300.53 million from $303.50 million a year ago.

On average, analysts polled by Thomson Reuters expected the company to earn $0.26 per share for the quarter on revenue of $301.62 million. Analysts' estimates typically exclude special items.