HCSG Earnings Prediction
The chart below shows how HCSG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HCSG sees a -1.21% change in stock price 10 days leading up to the earnings, and a +1.25% change 10 days following the report. On the earnings day itself, the stock moves by +1.59%. This data can give you a slight idea of what to expect for the next quarter's release.
HCSG Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
428.15M
4.07%
0.44%
Gross Margin
14.74%
81.30%
49.49%
Operating Margin
3.79%
329.70%
-776.79%
Net Margin
3.28%
366.67%
-880.95%
EPS
0.19
371.43%
-1050.00%
No Data Available
HCSG Earnings Analysis
Healthcare Services Group Corporation (HCSG.O) Earnings Conference Call
Positive
Revenue Exceeds Expectations: Revenue reported at $428.1 million, exceeding expectations of $425 million to $435 million.
Strong Profitability Metrics: Net income and diluted EPS of $14 million and $0.19 per share, respectively, demonstrating strong profitability.
Strong Operational Efficiency: Reported adjusted cash flow from operations of $19 million, indicating robust operational efficiency.
High Collection Rate: The company achieved over 98.5% collections for the quarter, contributing to the positive cash flow results.
Share Repurchase Confidence: The company has repurchased over 350,000 shares, totaling $4 million, reflecting confidence in its financial position.
Negative
Revenue Performance Analysis: Revenue reported at $428.1 million, slightly below the expected range of $425 million to $435 million.
High Operational Costs: Cost of services was reported at $364.7 million, or 85.2%, indicating high operational costs.
SG&A Expense Analysis: SG&A expenses were reported at $46.9 million, adjusted to $44.5 million after accounting for deferred compensation increases, representing 10.4% of revenue.
Net Income Decline: Net income reported at $14 million, with diluted earnings per share of $0.19, reflecting lower profitability compared to previous quarters.
Decline in Operational Efficiency: Adjusted EBITDA for the quarter was $24.8 million, or 5.8%, indicating a decline in operational efficiency.
HCSG FAQs
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HCSG Earning Call Sentiment
Healthcare Services Group, Inc. (HCSG) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
HCSG.O
1.49%Positive
The earnings call summary indicates strong financial performance with revenue and net income growth, effective cost management, and a robust share repurchase program. The Q&A section reveals positive momentum and optimism for future growth. Despite some management ambiguity, overall sentiment is positive with raised revenue estimates and strong cash collections. The market is likely to react positively, aligning with the company's strategic priorities and financial health.
