Healthcare Services Group (HCSG) recently released its earnings report, showcasing significant financial improvements. The company reported earnings of $14.03 million in the third quarter, a notable recovery from a loss of $5.05 million during the same timeframe last year. Earnings per share (EPS) also saw an upswing to $0.19, up from a loss of $0.07 per share in the previous year, aligning with analysts' forecasts.
Revenue for the third quarter increased to $428.15 million, demonstrating growth compared to $411.39 million from the same period last year.
Looking ahead, HCSG has provided revenue guidance for the next quarter, anticipating earnings in the range of $430.0 to $440.0 million.