HOUSTON (AP) — HOUSTON (AP) — U.S. Physical Therapy Inc. (USPH) on Wednesday reported fourth-quarter earnings of $656,000.
On a per-share basis, the Houston-based company said it had net loss of 38 cents. Earnings, adjusted for non-recurring costs, were 59 cents per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The physician staffing services company posted revenue of $154.8 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $150.2 million.
For the year, the company reported profit of $28.2 million, or $1.28 per share. Revenue was reported as $604.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on USPH at https://www.zacks.com/ap/USPH