Healthcare Services Group (HCSG) Set to Announce Earnings on Wednesday

Healthcare Services Group (NASDAQ:HCSG) will be posting its quarterly earnings results before the market opens on Wednesday, July 24th. Analysts expect Healthcare Services Group to post earnings of $0.19 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Healthcare Services Group (NASDAQ:HCSG) last announced its earnings results on Wednesday, April 24th. The business services provider reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.04. The company had revenue of $423.40 million for the quarter, compared to the consensus estimate of $424.91 million. Healthcare Services Group had a net margin of 2.44% and a return on equity of 11.44%. The company’s revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.17 EPS. On average, analysts expect Healthcare Services Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Healthcare Services Group Stock Up 1.9 %

Shares of Healthcare Services Group stock opened at $11.71 on Tuesday. Healthcare Services Group has a 12 month low of $8.75 and a 12 month high of $14.81. The stock has a market cap of $862.44 million, a PE ratio of 20.54 and a beta of 0.53. The business has a fifty day simple moving average of $10.82 and a 200-day simple moving average of $11.11.

About Healthcare Services Group

Healthcare Services Group, Inc provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary.