U.S. Physical Therapy reports Q1 operating EPS 48c, consensus 45c

Reports Q1 revenue $156.4M, consensus $176.78M. Chris Reading, Chief Executive Officer, said, “Despite our weather-impacted start, we had strong referral and visit demand which accelerated nicely as the quarter progressed. Importantly, our insurance renegotiations and workers compensation efforts are giving us a lift as we enter one of the busiest seasonal periods of the year. While we have more work to do, we are encouraged by our start and committed to further progress.”