US Physical Therapy
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), US Physical Therapy met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue grew and GAAP earnings per share expanded.
Margins expanded across the board.
US Physical Therapy reported revenue of $62.9 million. The five analysts polled by S&P Capital IQ hoped for a top line of $63.8 million on the same basis. GAAP reported sales were 5.3% higher than the prior-year quarter's $59.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.38. The five earnings estimates compiled by S&P Capital IQ anticipated $0.38 per share. GAAP EPS of $0.38 for Q3 were 12% higher than the prior-year quarter's $0.34 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 26.5%, 100 basis points better than the prior-year quarter. Operating margin was 15.0%, 50 basis points better than the prior-year quarter. Net margin was 7.3%, 40 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $63.6 million. On the bottom line, the average EPS estimate is $0.35.
Next year's average estimate for revenue is $254.2 million. The average EPS estimate is $1.52.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 245 members out of 249 rating the stock outperform, and four members rating it underperform. Among 72 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 70 give US Physical Therapy a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on US Physical Therapy is outperform, with an average price target of $30.83.
- Add US Physical Therapy to My Watchlist.