Encompass Health reports Q3 adjusted EPS $1.23, consensus $1.01

Reports Q3 revenue $1.48B, consensus $1.48B. “During the quarter, we further increased our capacity to serve patients in need of inpatient rehabilitation care by opening three new hospitals and adding 39 beds to existing hospitals,” said President and Chief Executive Officer Mark Tarr. “Our new hospitals include our first in Connecticut, a 40-bed hospital in Danbury; a 50-bed hospital in Daytona Beach, Florida; and a 50-bed hospital in Wildwood, Florida (The Villages). Our value proposition and operating strategy continue to be validated and we remain highly optimistic about the long-term prospects of our business.”