U.S. Physical Therapy reports Q3 operating EPS 66c, consensus 66c

Reports Q3 revenue $197.3M, consensus $193.98M. Q3 total patient visits were 1,554,207, which includes 30,137 home-care visits, an 18.0% increase from Q3 2024. CEO Chris Reading said, “This was a very solid quarter for us across the board with record visits per clinic per day, continued clinic expansion with 84 net owned additions since the third quarter of 2024, and sustained double-digit growth in our injury prevention business. Importantly, we are also making progress on some key initiatives that will benefit our 2026 growth and performance, along with an expected and overdue Medicare pricing lift.”