U.S. Physical Therapy reports Q2 operating EPS 81c, consensus 69c

Reports Q2 revenue $197.344M, consensus $189.85M. Chris Reading, Chief Executive Officer, said, “Volumes in our physical therapy business remain at record levels while we execute our plan for cost rationalization and improved efficiencies. Our injury prevention business continues a strong growth path, both organically and through carefully added acquisitions, which have broadened our service offerings and increased our exposure to new industry verticals. As a result of our efforts and expected progress we have updated our earnings guidance for the year.”