Encompass Health reports Q1 adjusted EPS $1.37, consensus $1.19

Reports Q1 revenue $1.46B, consensus $1.43B. “We are very pleased with our first quarter performance, which drove a 10.6% increase in revenue and a 14.9% increase in Adjusted EBITDA,” said President and Chief Executive Officer of Encompass Health (EHC) Mark Tarr. “During the quarter, we further increased our capacity, opening one new 40-bed hospital and adding 25 beds to existing hospitals. Our value proposition and operating strategy continue to be validated and we remain highly optimistic about the long-term prospects of our business.”