HealthSouth Corp ($HLS) recently reported its quarterly numbers. Its earnings for the quarter stood at $0.72 per share, beating consensus estimates of $0.63 per share in earnings. The company’s revenue for the quarter stood at $949.9 million, lagging behind estimates of $955.6 million.
The company also provided results for its complete financial year as its revenue for the period stood at $3.71 billion. HealthSouth earned profit of $247.6 million for the corresponding period. It expects the full year revenue for 2017 to be in the range of $3.85 billion to $3.95 billion, while its earnings are expected to be between $2.61 and $2.73 per share.
HealthSouth Corp recently announced dividend of $0.24 per share for its common stock. The dividend is payable on April 17, 2017 and the record date for this purpose is April 3, 2017.
The company also reported that it intends to build a freestanding 38-bed comprehensive inpatient rehabilitation hospital in Bluffton, South Carolina. HealthSouth has already been granted a certificate of need from the South Carolina Board of Health and Environmental Control.
The company stock is currently trading close to its 52 weeks high of $43.38. The stock gained over 34 percent in the past 12 months.