LHC Group 3Q income from continuing operations 35c a share |
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Wed, 31 Oct 2007 22:28
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NEW YORK (Thomson Financial) - LHC Group Inc. reported late Wednesday third-quarter net income from continuing operations rose to $6.2 million, or 35 cents a share, from $5.4 million, or 31 cents a share, a year earlier.The latest results included a one-time charge of 3 cents a share related to the consulting agreement with the company's former chief financial officer, LHC said.The mean estimate of analysts polled by Thomson Financial was for earnings of 34 cents a share.Net service revenue for the period ended Sept. 30 rose 32% to $77.5 million. Analysts had expected revenue of $74.6 million.The stock of the Lafayette, La.-based provider of post-acute healthcare services closed the regular session at $22.98.Wanfeng Zhouwz/gmCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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