Healthcare Services Group Q1 Profit Advances 18%

(RTTNews) - Healthcare Services Group (HCSG) released earnings for its first quarter that increased from last year.

The company said its bottom line rose to $22.02 million, or $0.30 per share. This was up from $18.63 million, or $0.26 per share, in last year's first quarter.

Analysts had expected the company to earn $0.29 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.1% to $404.49 million. This was up from $384.81 million last year.

Healthcare Services Group earnings at a glance:

-Earnings (Q1): $22.02 Mln. vs. $18.63 Mln. last year. -Earnings Growth (Y-o-Y): 18.2% -EPS (Q1): $0.30 vs. $0.26 last year. -EPS Growth (Y-o-Y): 15.4% -Analysts Estimate: $0.29 -Revenue (Q1): $404.49 Mln vs. $384.81 Mln last year. -Revenue Change (Y-o-Y): 5.1%