Addus HomeCare Corp. Reports Q4 Earnings Growth Amid Decline

Addus HomeCare Corp. reported Q4 earnings decrease, but the headline EPS beat expectations. Revenue climbed significantly, indicating positive growth despite past challenges in profit margins.

Date: 25-02-2025

AI Rating: 6

Earnings Per Share (EPS): Addus HomeCare Corp. reported an earnings per share (EPS) of $1.07 for the fourth quarter, down from $1.20 in the same quarter of the previous year. Despite this decline, it outperformed the analysts' expectations of $1.36 per share, which indicates a strong performance relative to market projections.

Revenue Growth: The company achieved a revenue increase of 7.5%, rising to $297.14 million from $276.35 million year-over-year. This growth is a positive sign for investors, reinforcing the company’s ability to increase its market share and attract new customers.

The decrease in GAAP earnings from last year reflects challenges in maintaining profit margins, particularly in comparison to last year's performance. However, the adjusted earnings, which accounted for special items, show a different picture, with adjusted EPS at $1.38, suggesting that the company managed to contain its costs better than expected in this reporting period. This bodes well for investor confidence moving forward.

Stocks: ADUS