HealthSouth Increases Full-year Guidance Range - Quick Facts

(RTTNews) - HealthSouth Corp. (HLS) announced the company now expects its 2016 adjusted earnings per share from continuing operations to be in the range of $2.37 to $2.49; compared to a prior guidance range of $2.32 to $2.44. The company now expects 2016 net operating revenues in the range of $3.58 to $3.68 billion; compared to prior outlook range of $3.55 to $3.65 billion. Analysts polled by Thomson Reuters expect the company to report profit per share of $2.39 on revenue of $3.63 billion. Analysts' estimates typically exclude special items.

For the first-quarter, the company reported adjusted earnings per share of $0.61 compared to $0.51, prior year. On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.55 for the quarter. Analysts' estimates typically exclude special items.

Net operating revenues increased to $909.8 million from $740.6 million, a year ago. Analysts expected revenue of $891.84 million for the quarter.