Healthcare Services Group Announces 19% Rise In Q3 Earnings

(RTTNews) - Healthcare Services Group (HCSG) reported a profit for its third quarter that rose compared to the same period last year.

The company said its bottom line totaled $23.47 million, or $0.31 per share. This was up from $19.71 million, or $0.27 per share, in last year's third quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 25.1% to $491.36 million. This was up from $392.73 million last year.

Healthcare Services Group earnings at a glance:

-Earnings (Q3): $23.47 Mln. vs. $19.71 Mln. last year. -Earnings Growth (Y-o-Y): 19.1% -EPS (Q3): $0.31 vs. $0.27 last year. -EPS Growth (Y-o-Y): 14.8% -Analysts Estimate: $0.31 -Revenue (Q3): $491.36 Mln vs. $392.73 Mln last year. -Revenue Change (Y-o-Y): 25.1%