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U.s. Physical Therapy (USPH)
NYSE:USPH
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.69Last Year’s EPS
0.59Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: 7.82%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Positive
The earnings call reflected a positive sentiment with strong growth in patient visits, revenue, and the injury prevention business. Though there were some challenges, such as increased costs and clinic closures, the strategic decisions made are expected to bolster future growth.Company Guidance
During the U.S. Physical Therapy third-quarter 2024 earnings call, the company provided detailed guidance and discussed several key metrics. The visit volume increased by 6%, with visits per clinic per day reaching a record high for any third quarter at 30.1. The net rate rose to $105.65 per visit, up from $102.37 in the previous year, contributing to a revenue increase of 9.3% to $142.2 million and a 13.4% rise in adjusted EBITDA. Despite Medicare rate reductions and inflationary pressures, the company maintained its salary and related costs per visit, which increased by 3.5% year-over-year. Looking ahead, they have closed underperforming facilities to focus on more promising markets and announced a significant acquisition in New York, which is expected to fuel further growth. The injury prevention business also posted strong results, with revenue growing approximately 30% and operating profit up 27%. The company reiterated its full-year adjusted EBITDA guidance of $80 million to $85 million, indicating confidence in its strategic adjustments and growth initiatives.Increased Patient Visits and Revenue
Patient visits increased by 6% for Q3, reaching an all-time high of 30.1 visits per clinic per day. Revenue rose by 9.3% to $142.2 million for Q3.
Record Net Rate and Adjusted EBITDA Growth
Net rate climbed to $105.65 from $102.37 in the previous year. Adjusted EBITDA increased by 13.4% in Q3.
Strong Performance in Injury Prevention Business
Injury prevention business revenue grew by approximately 30%, with operating profit up over 27% compared to Q3 last year.
Successful Acquisition and Expansion
Acquired a significant 8-clinic practice in the Northeast, with a total of 20 new facilities opened or acquired by the end of October.
Improved Physical Therapy Margin
Gross margin for physical therapy increased by 90 basis points to 18.9%.
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USPH 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
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USPH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $82.13 | $96.63 | +17.65% |
| Aug 13, 2024 | $89.08 | $80.81 | -9.28% |
| May 07, 2024 | $104.08 | $102.43 | -1.59% |
| Feb 28, 2024 | $98.03 | $104.31 | +6.41% |
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.
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FAQ
When does U.s. Physical Therapy (USPH) report earnings?
U.s. Physical Therapy (USPH) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is U.s. Physical Therapy (USPH) earnings time?
U.s. Physical Therapy (USPH) earnings time is at Feb 20, 2025, TBA Not 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 USPH EPS forecast?
USPH EPS forecast for the fiscal quarter 2024 (Q4) is 0.69.
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