Addus HomeCare (ADUS) Reports Q3 Earnings: What Key Metrics Have to Say

Core Insights - Addus HomeCare (ADUS) reported revenue of $289.79 million for the quarter ended September 2024, marking a year-over-year increase of 7% and exceeding the Zacks Consensus Estimate by 0.31% [1] - The company's earnings per share (EPS) for the same period was $1.30, up from $1.15 a year ago, with an EPS surprise of 0.78% compared to the consensus estimate of $1.29 [1] Revenue Breakdown - Personal care revenue reached $215.43 million, surpassing the average estimate of $213.83 million by two analysts, reflecting a year-over-year change of +6.7% [3] - Home Health revenue was reported at $17.05 million, exceeding the average estimate of $16.94 million, with a year-over-year increase of +8.4% [3] - Hospice revenue totaled $57.31 million, slightly below the average estimate of $57.49 million, showing a year-over-year change of +7.9% [3] Stock Performance - Shares of Addus HomeCare have remained unchanged over the past month, while the Zacks S&P 500 composite increased by 0.4% [4] - The stock holds a Zacks Rank 1 (Strong Buy), suggesting potential outperformance against the broader market in the near term [4]