Jun 30, 2020

Encompass Health Q2 2020 Earnings Report

Encompass Health's second quarter results were reported, showing a decrease in revenues due to decreased volumes, partially offset by favorable pricing. Patient volumes have substantially rebounded from the low point experienced in April.

Key Takeaways

Encompass Health reported a decrease in net operating revenues and adjusted earnings per share for the second quarter of 2020 compared to the second quarter of 2019. The company's patient volumes have substantially rebounded from the low point experienced in April.

Net operating revenues decreased by 5.4% compared to Q2 2019.

Adjusted earnings per share decreased by 71.3% compared to Q2 2019.

Cash flows provided by operating activities increased by 52.9% compared to Q2 2019.

Adjusted free cash flow increased by 18.3% compared to Q2 2019.

Total Revenue
$1.07B
Previous year: $1.14B
-5.4%
EPS
$0.31
Previous year: $1.08
-71.3%
Net patient revenue per discharge
$19.4K
Previous year: $18.2K
+6.2%
Discharges
41.68K
Previous year: 46.68K
-10.7%
Gross Profit
$1.02B
Previous year: $1.09B
-6.4%
Cash and Equivalents
$419M
Previous year: $222M
+89.0%
Free Cash Flow
$168M
Previous year: $61.9M
+171.7%
Total Assets
$6.5B
Previous year: $5.81B
+11.9%

Encompass Health

Encompass Health

Encompass Health Revenue by Segment

Forward Guidance

Forward-looking statements involve estimates based upon current information and risks that could cause actual results to differ materially. The company undertakes no duty to update forward-looking information.

Revenue & Expenses

Visualization of income flow from segment revenue to net income