Enhabit reports Q3 adjusted EPS 3c, consensus 4c

Reports Q3 revenue $253.6M, consensus $261.64M. “Our continued progress in our strategies during the third quarter resulted in Adjusted EBITDA growth year over year and strong free cash flow generation that led to further debt reduction,” said Enhabit’s (EHAB) President and Chief Executive Officer Barb Jacobsmeyer. “The payor innovation strategy continues to foster Medicare Advantage growth in our home health segment, and average daily census continues to grow in our hospice segment.”