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Amedisys Q1 adjusted earnings Beat Estimates

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(RTTNews) – Amedisys (AMED) reported earnings for its first quarter that rose from last year.

The company’s bottom line totaled $49.87 million, or $1.50 per share. This compares with $31.80 million, or $0.96 per share, in last year’s first quarter.

Excluding items, Amedisys reported adjusted earnings of $51.14 million or $1.54 per share for the period.

Analysts had expected the company to earn $1.43 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 9.2% to $537.14 million from $491.69 million last year.

Amedisys earnings at a glance:

-Earnings (Q1): $51.14 Mln. vs. $34.79 Mln. last year.
-EPS (Q1): $1.54 vs. $1.05 last year.
-Analysts Estimate: $1.43
-Revenue (Q1): $537.14 Mln vs. $491.69 Mln last year.

-Guidance:
Full year EPS guidance: $6.85 – $7.07
Full year revenue guidance: $2.302 – $2.342 Bln