Accendra Health (ACH)
NYSE:ACH
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Earnings Data
Report Date
Jul 31, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.08Last Year’s EPS
0.26Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a mix of strong strategic and financial progress — notably the successful separation, margin transformation, balance sheet optimization commitments, $82M equipment sale and $52M one‑time gain, and operational wins in sleep therapy — while also acknowledging meaningful near‑term pressures: a 6.8% revenue decline, collection and cost headwinds, slightly negative free cash flow in Q1, and an expected ~ $40M annualized increase in cash interest post‑refinancing. Management emphasized that underlying revenue (ex‑large payor) was roughly +1% and that debt reduction and cost‑savings remain priorities, framing the near‑term drawbacks as manageable steps in service of a stronger long‑term standalone profile.Company Guidance
Successful Separation and Stand‑Alone Positioning
Transition services and separation from Owens & Minor are on track; Accendra is now operating as a pure‑play home‑based care company focused on growth and higher margins.
Completed Large Payor Transition with Cash Proceeds
Sold patient service equipment related to the exited large commercial payor for $82 million in cash proceeds, generating a book gain of $52 million (one‑time, excluded from adjusted EBITDA).
Balance Sheet Optimization and Debt Extension
Announced comprehensive balance sheet optimization with lender commitments to: pay off 2027 maturities, extend 2029/2030 notes via exchange offers (new secured notes maturing 2032/2033), and a new $300M revolver due 2030. Expected de‑leveraging of up to ~$115 million and doubling of weighted average debt life to ~5.5 years.
Strong Margin Transformation
Company highlighted a structural transformation from ~19% gross margins and ~4% EBITDA margins pre‑divestiture to nearly 50% gross margins and double‑digit EBITDA margins as a stand‑alone home‑based care business.
Q1 Adjusted EBITDA in Line with Expectations
Reported first quarter adjusted EBITDA of $58 million, consistent with management expectations despite headwinds.
Comfortable Liquidity and Covenant Compliance
Ended the quarter with $337 million cash on the balance sheet, $195 million available on the committed revolver, and in compliance with debt covenants.
Underlying Revenue Growth Excluding Large Payor Impact
Reported total revenue decline of 6.8% for the quarter; excluding the impact of the exited large commercial payor, underlying revenue growth would have been approximately +1%.
Operational Wins in Sleep and Other Categories
Sleep Journey program drove higher revenue per order, lower attrition and improved therapy adherence (adherence improving by single‑digit percentage points quarter‑over‑quarter). Sleep Center of Excellence piloted successfully in 3 markets (nationwide rollout continuing), and category growth included a sleeve category up >4% and home respiratory ~4%; urology and ostomy also led growth.
ACH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ACH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $3.58 | $3.89 | +8.66% |
Feb 19, 2026 | $2.48 | $2.61 | +5.24% |
Oct 30, 2025 | $4.96 | $3.97 | -19.96% |
Aug 11, 2025 | $7.09 | $4.63 | -34.70% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Accendra Health (ACH) report earnings?
Accendra Health (ACH) is schdueled to report earning on Jul 31, 2026, Before Open (Confirmed).
What is Accendra Health (ACH) earnings time?
Accendra Health (ACH) earnings time is at Jul 31, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ACH EPS forecast?
ACH EPS forecast for the fiscal quarter 2026 (Q2) is -0.08.