U.S. Physical Therapy: Fourth Quarter Earnings Overview

U.S. Physical Therapy Inc. Announces Fourth Quarter Financial Results

U.S. Physical Therapy Inc., headquartered in Houston, revealed a fourth-quarter net income of $4.2 million.

According to the company, there was a net loss of $0.44 per share for the quarter. However, after adjusting for one-time expenses, earnings came in at $0.67 per share.

These adjusted earnings matched the consensus forecast from Wall Street, as five analysts polled by Zacks Investment Research also projected earnings of $0.67 per share.

The provider of physician staffing services reported quarterly revenue of $202.7 million, surpassing analysts’ expectations. Zacks had surveyed three analysts who anticipated revenue of $200 million.

For the full year, U.S. Physical Therapy Inc. posted a profit of $39.6 million, or $1.42 per share, with total revenue reaching $781 million.