NASDAQ$ADUS

Addus HomeCare Corporation · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Addus HomeCare reported strong preliminary fourth-quarter and fiscal year 2019 financial results.

Addus HomeCare announced a delay in filing its Annual Report on Form 10-K and its earnings call but reported strong preliminary unaudited financial results for Q4 2019. Net service revenues for the fourth quarter of 2019 increased to $192.4 million, and net income increased to $10.7 million.

  • Net service revenues increased to $192.4 million for the fourth quarter of 2019.
  • Net income for the quarter increased to $10.7 million, or 5.6% of revenue.
  • Net income per diluted share for the fourth quarter of 2019 increased to $0.68.
  • Adjusted net income per diluted share was $0.73 for the fourth quarter of 2019.

Headline financials

Total Revenue

$192M

Previous: $140M+37.6%
EPS (adj)

$0.73

Previous: $0.55+32.7%
Capital Expenditures

$1.54M

Previous: $1.97M-21.4%
Free Cash Flow

$2.39M

Previous: $6.56M-63.5%
Net Income

$10.7M

Previous: $4.8M+122.8%
Operating Income

$13.5M

Previous: $6.94M+94.7%
Gross Profit

$55.2M

Previous: $37.9M+45.5%
Cash & Equivalents

$112M

Previous: $70.4M+58.7%
Total Assets

$637M

Previous: $348M+82.9%
Stock-Based Comp

$1.58M

Previous: $1.15M+37.6%

Revenue & EPS history

Addus · Revenue · Quarterly

$192M

Q4 2019+37.6%vs Q4 2018
Beat estimate in 15 of 16 quarters(94%)
ActualEstimate

Revenue by segment

Addus · $271M total across 3 segments · Q3 2023

  • Personal Care
    $202M+12.7%
  • Hospice
    $53.1M+3.4%
  • Home Health
    $15.7M+57.9%

Forward guidance

The company believes COVID-19 could have an effect on our financial results and operations, but they aren’t able to assess the potential impact at this time.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+1.2%

Avg return

Earnings day

+2.3%

Avg return

5 days after

+5.0%

Avg return

30 days after

58%

37 / 64 earnings

Positive

+23.7%

Q4 2019

Best reaction

-19.6%

Q4 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.7%-0.6%-10.6%
Q4 2025-9.1%-12.0%-17.0%
Q3 2025-5.9%-5.0%-4.1%
Q1 2025+4.1%+6.3%+7.5%
Q4 2024-10.4%-12.0%-10.1%
Q3 2024-1.7%+1.0%-2.1%
Q2 2024+3.5%+3.6%+8.5%
Q1 2024+6.5%+11.3%+16.8%
Q4 2023+3.4%+5.3%+16.4%
Q3 2023-3.7%+3.3%+7.0%
Q2 2023+1.2%+3.9%-0.1%
Q1 2023+5.8%+0.3%+10.3%
Q4 2022+3.9%+2.5%-0.4%
Q3 2022+3.1%+3.8%+4.8%
Q2 2022+3.1%+0.6%-3.9%
Q1 2022-2.3%-4.7%-4.2%
Q4 2021+20.5%+20.4%+15.8%
Q3 2021-0.5%+9.1%-8.9%
Q2 2021+9.1%+5.3%+4.0%
Q1 2021-6.6%-8.1%-10.0%
Q4 2020-11.3%-14.2%-11.3%
Q3 2020+11.9%+10.3%+4.6%
Q2 2020+2.7%-4.6%-7.1%
Q1 2020+10.2%+2.7%+22.5%
Q4 2019+23.7%+8.5%+42.1%
Q3 2019-0.9%-0.1%+8.6%
Q2 2019+1.4%+4.4%-0.2%
Q1 2019+3.6%+3.0%+8.8%
Q4 2018-2.8%-7.8%-3.8%
Q3 2018+6.5%+10.8%+16.7%
Q2 2018-4.4%-7.1%-3.4%
Q1 2018+3.1%+1.8%+11.9%
Q4 2017-0.3%+8.6%+38.5%
Q3 2017-1.4%-5.8%-7.8%
Q2 2017-0.3%-1.4%-1.3%
Q1 2017+11.3%+9.4%+2.6%
Q4 2016+1.2%+0.1%-7.5%
Q3 2016+17.4%+28.7%+32.7%
Q2 2016+13.8%+8.6%+27.1%
Q1 2016-1.1%
Q4 2015-16.6%
Q3 2015-12.7%
Q2 2015+4.4%
Q1 2015-3.4%
Q4 2014+3.7%
Q3 2014+7.1%
Q2 2014+1.3%
Q1 2014+1.8%
Q4 2013-19.6%
Q3 2013+4.3%
Q2 2013+9.3%
Q1 2013+0.9%
Q4 2012+13.2%
Q3 2012+10.5%
Q2 2012+1.1%
Q1 2011-0.0%
Q1 2012-7.8%
Q4 2011+6.6%
Q3 2010-1.3%
Q3 2011-1.3%
Q2 2011-17.3%
Q2 2010-17.3%
Q4 2010+0.2%
Q1 2010+2.6%

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