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Jun 30, 2022
Encompass Health Q2 2022 Earnings Report
Encompass Health reported strong demand for inpatient rehabilitation services and affirmed its 2022 guidance.
Key Takeaways
Encompass Health Corporation reported its results of operations for the second quarter ended June 30, 2022. Second quarter discharge growth was 4.9%, on top of 18.7% discharge growth in the second quarter of 2021.
Second quarter discharge growth was 4.9%, on top of 18.7% discharge growth in the second quarter of 2021.
Net operating revenues increased by 3.3% compared to Q2 2021.
Adjusted earnings per share decreased by 23.9% compared to Q2 2021.
The Company is affirming its guidance for its ongoing inpatient rehabilitation business for full-year 2022.
Forward Guidance
The Company is affirming its guidance for its ongoing inpatient rehabilitation business for full-year 2022.
Positive Outlook
- Net operating revenues $4,250 to $4,300 million
- Adjusted EBITDA $820 to $840 million
- Adjusted earnings per share from continuing operations attributable to Encompass Health $2.77 to $2.91
Historical Earnings Impact
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Avg. Return Before/After Earnings
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