Amedisys (AMED) Q1 Earnings Surpass Estimates, Margins Rise

Amedisys, Inc. (AMED) reported adjusted earnings per share (EPS) of $1.03 in the first quarter of 2024, which topped 3$1.00 per share. The bottom line also beat the Zacks Consensus Estimate by 1.9%.The quarter’s adjustments include certain merger-related expenses and other (income)/expenses, net. GAAP EPS in the first quarter was 59 cents compared to 23 cents in the same period last year.Net service revenues totaled $571.4 million, up 2.7% year over year. The top line surpassed ...