HealthSouth Tops Wall Street Estimates, Raises Outlook
HealthSouth Corp. late Tuesday topped Wall Street estimates for the fourth quarter and raised its outlook for the year. The healthcare-services company reported adjusted fourth-quarter earnings of 59 cents a share on revenue of $879.3 million. Analysts surveyed by FactSet had forecast 58 cents a share on revenue of $859.3 million. The company now sees 2016 earnings of $2.32 to $2.44 a share, while analysts estimate $2.50 a share. Shares of HealthSouth were flat at $32.82 after hours.
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