'A Preview Of Addus HomeCare's Earnings'

 Addus HomeCare 

ADUS-28.7%+ Free Alerts

 is set to give its latest quarterly earnings report on Monday, 2023-05-01. Here's what investors need to know before the announcement.

Analysts estimate that Addus HomeCare will report an earnings per share (EPS) of $0.88.

Addus HomeCare bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.16, which was followed by a 2.56% increase in the share price the next day.

Here's a look at Addus HomeCare's past performance and the resulting price change:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.95	0.94	0.92	0.76
EPS Actual	1.11	0.94	0.91	0.77
Price Change %	2.56%	6.01%	0.53%	-2.34%

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.95	0.94	0.92	0.76
EPS Actual	1.11	0.94	0.91	0.77
Price Change %	2.56%	6.01%	0.53%	-2.34%

Stock Performance

Shares of Addus HomeCare were trading at $114.02 as of April 27. Over the last 52-week period, shares are down 3.24%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

https://www.benzinga.com/news/earnings/23/04/32085694/a-preview-of-addus-homecares-earnings