healthsouth corp (HLS) Key Developments
HEALTHSOUTH Corp. Reports Earnings Results for the Fourth Quarter and Full Year of 2014; Provides Earnings Guidance for the Full Year of 2015
Feb 24 15
HealthSouth Corp. reported earnings results for the fourth quarter and full year of 2014. For the quarter, the company reported net income of $42.1 million, after reporting a loss in the same period a year earlier. Net operating revenues were $613.4 million. Income from continuing operations was $0.41 per share. Adjusted EBITDA for the quarter was $140.8 million decreased by 1.1% over fourth quarter of 2013.
For the year, the company reported profit of $222 million, or $2.29 per share. Revenue was $2.41 billion. For 2014, adjusted EBITDA of $577.6 million increased by $26 million, or 4.7%. 2014 diluted EPS of $2.24. During 2014, the company continued to demonstrate the strength and consistency of free cash flow-generating ability, with adjusted free cash flow of $311.3 million.
The company provided earnings guidance for the full year of 2015. For the period, the company expects earnings to be $2.24 to $2.29 per share. On a consolidated basis, adjusted EBITDA guidance for 2015 is between $670 million and $680 million. Forecasted revenue per discharge growth is expected to be between 2.3% and 2.6%, which is slightly higher than last year's range. Effective tax rate is assumed 40% for 2015.
HEALTHSOUTH Corp., Board Meeting, Feb 18, 2015
Feb 20 15
HEALTHSOUTH Corp., Board Meeting, Feb 18, 2015. Agenda: To undertook the customary review and to consider the approval of annual compensation decisions; and to consider other issues.
HEALTHSOUTH Corp., Board Meeting, Feb 19, 2015
Feb 20 15
HEALTHSOUTH Corp., Board Meeting, Feb 19, 2015. Agenda: To undertook the customary review and to consider the approval of annual compensation decisions; and to consider other issues.
HealthSouth Corporation Declares Dividends on Common and Perpetual Preferred Stocks, Payable on April 15, 2015
Feb 19 15
HealthSouth Corporation announced that its board of directors has declared a quarterly cash dividend on its common stock of $0.21 per share and a quarterly cash dividend of $16.25 per share on its 6.5% Series A Convertible Perpetual Preferred Stock, each payable on April 15, 2015, to holders of record on April 1, 2015.
HEALTHSOUTH Corp. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-02-2015 04:35 PM
Feb 18 15
HEALTHSOUTH Corp. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-02-2015 04:35 PM. Venue: JW Marriott Grande Lakes, 4040 Central Florida Parkway, Orlando, FL 32837, United States. Speakers: Douglas E. Coltharp, Chief Financial Officer and Executive Vice President.