NASDAQ$AMED

Amedisys Inc · Q3 2023 earnings

Q3 2023 earnings · · Investor relations

Briefing

Amedisys reported slight revenue decrease but increased net income in Q3 2023, while adjusting for non-GAAP measures due to merger transactions.

Amedisys reported a slight decrease in net service revenue to $556.2 million, compared to $558.0 million in the same quarter of the previous year. Net income attributable to Amedisys, Inc. increased to $26.0 million from $25.6 million in 2022. Adjusted net income per diluted share was $0.98, down from $1.15 in the prior year.

  • Net service revenue decreased slightly to $556.2 million.
  • Net income attributable to Amedisys, Inc. increased to $26.0 million.
  • Adjusted EBITDA was $57.9 million, compared to $61.5 million in 2022.
  • Adjusted net income per diluted share decreased to $0.98.

Headline financials

Total Revenue

$556M

Previous: $558M-0.3%
EPS (adj)

$0.98

Previous: $1.15-14.8%
Capital Expenditures

-$1.2M

Previous: $1.56M-177.0%
Free Cash Flow

-$3.03M

Previous: -$15.2M+80.1%
Net Income

$26M

Previous: $25.6M+1.6%
Operating Income

$42.2M

Previous: $38.9M+8.4%
Gross Profit

$245M

Previous: $236M+3.8%
Cash & Equivalents

$94M

Previous: $18M+423.6%
Total Assets

$2.03B

Previous: $1.98B+2.3%
Stock-Based Comp

$7.24M

Previous: $3.5M+107.2%

Revenue & EPS history

Amedisys · Revenue · Quarterly

$556M

Q3 2023-0.3%vs Q3 2022
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Forward guidance

Amedisys will not conduct a quarterly earnings call due to the pending merger with UnitedHealth Group Incorporated.

Historical earnings impact

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

Avg. return before/after earnings

Based on 15 quarterly earnings reports · overlaid with Q3 2023

Historical avgQ3 2023

-0.6%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-5.0%

Avg return

30 days after

46%

32 / 70 earnings

Positive

+25.6%

Q2 2014

Best reaction

-25.3%

Q3 2013

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025
Q3 2025
Q2 2025+1.2%+1.0%
Q1 2025+0.2%-0.8%-1.6%
Q4 2024+0.1%+0.6%+1.5%
Q3 2024+0.9%-3.4%-10.4%
Q2 2024+0.0%+0.5%-0.2%
Q1 2024+0.0%+0.8%+5.5%
Q4 2023+0.9%+0.6%-1.6%
Q3 2023-0.8%-1.1%+1.8%
Q2 2023-0.6%-0.2%+2.5%
Q1 2023+4.2%+3.9%+2.8%
Q4 2022+5.4%+2.2%-23.6%
Q3 2022-9.0%-4.2%-10.7%
Q2 2022-3.8%+0.9%-4.5%
Q1 2022+0.4%-3.3%-10.5%
Q4 2021+5.8%+14.5%+18.4%
Q3 2021+0.1%+1.7%-20.2%
Q2 2021-22.8%-22.9%-29.3%
Q1 2021+0.2%
Q4 2020-6.2%
Q3 2020-1.9%
Q2 2020+3.7%
Q1 2020-3.3%
Q4 2019-2.1%
Q3 2019-1.5%
Q2 2019-1.9%
Q1 2019-6.3%
Q4 2018+0.0%
Q3 2018+17.3%
Q2 2018+11.1%
Q1 2018+7.2%
Q4 2017+2.3%
Q3 2017+4.8%
Q2 2017-20.9%
Q1 2017+4.4%
Q4 2016+4.7%
Q3 2016-10.1%
Q2 2016-7.1%
Q1 2016-7.0%
Q4 2015+12.3%
Q3 2015+10.8%
Q2 2015-3.2%
Q1 2015+6.0%
Q4 2014-5.4%
Q3 2014+16.2%
Q2 2014+25.6%
Q1 2014-1.0%
Q4 2013-10.0%
Q3 2013-25.3%
Q2 2013+17.8%
Q1 2013-2.8%
Q4 2012-8.7%
Q3 2012-5.0%
Q2 2012+12.5%
Q1 2012-1.2%
Q4 2011-0.6%
Q3 2011-23.8%
Q2 2011-10.7%
Q1 2011-6.4%
Q4 2010-8.0%
Q3 2010+1.3%
Q2 2010-7.9%
Q1 2009-4.3%
Q1 2010+2.6%
Q4 2007-1.3%
Q4 2009-1.3%
Q3 2008-5.7%
Q3 2009-5.7%
Q4 2008+7.6%
Q2 2008+7.6%
Q2 2009+7.6%

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