Kindred Healthcare Inc Q4 Income Drops 74%

(RTTNews) - Kindred Healthcare Inc (KND) released earnings for fourth quarter that dropped compared to the same period last year.

The company said its profit fell to $7.59 million, or $0.08 per share. This was down from $29.04 million, or $0.33 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.06 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.7% to $1.75 billion. This was down from $1.78 billion last year.

Kindred Healthcare Inc earnings at a glance:

-Earnings (Q4): $7.59 Mln. vs. $29.04 Mln. last year. -Earnings Decline (Y-o-Y): -73.9% -EPS (Q4): $0.08 vs. $0.33 last year. -EPS Decline (Y-o-Y): -75.8% -Analysts Estimate: $0.06 -Revenue (Q4): $1.75 Bln vs. $1.78 Bln last year. -Revenue Change (Y-o-Y): -1.7%