Healthcare Services Group (HCSG) released a profit for its first quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $15.309 million, or $0.21 per share. This compares with $11.671 million, or $0.16 per share, in last year's first quarter.
Excluding items, Healthcare Services Group reported adjusted earnings of $16.483 million or $0.22 per share for the period.
Analysts on average had expected the company to earn $0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.5% to $423.433 million from $417.230 million last year.
Healthcare Services Group earnings at a glance (GAAP) :
-Earnings (Q1): $15.309 Mln. vs. $11.671 Mln. last year.
-EPS (Q1): $0.21 vs. $0.16 last year.
-Revenue (Q1): $423.433 Mln vs. $417.230 Mln last year.
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