NASDAQ$HCSG

Healthcare Services Group Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported revenue of $407.8 million and net income of $24.7 million for Q1 2021.

Healthcare Services Group reported Q1 2021 results with revenue of $407.8 million and net income of $24.7 million, or $0.33 per basic and diluted common share. The company's Board of Directors declared a quarterly cash dividend of $0.2075 per common share.

  • Revenue for the quarter was $407.8 million.
  • Net income was $24.7 million, or $0.33 per basic and diluted common share.
  • Housekeeping & laundry and dining & nutrition segment revenues were $215.1 million and $192.7 million, respectively.
  • The Board of Directors declared a quarterly cash dividend of $0.2075 per common share.

Headline financials

Total Revenue

$408M

Previous: $449M-9.2%
EPS (adj)

$0.33

Previous: $0.27+22.2%
Capital Expenditures

-$850K

Previous: -$788K-7.9%
Free Cash Flow

$23.8M

Previous: $19.4M+22.7%
Net Income

$24.7M

Previous: $20.2M+22.1%
Operating Income

-$380M

Previous: -$420M+9.6%
Gross Profit

$71.1M

Previous: $62M+14.7%
Cash & Equivalents

$124M

Previous: $64.5M+91.7%
Total Assets

$783M

Previous: $732M+6.9%
Stock-Based Comp

$2.27M

Previous: $1.97M+15.1%

Revenue & EPS history

HCSG · Revenue · Quarterly

$408M

Q1 2021-9.2%vs Q1 2020
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

Looking ahead, the company will continue to closely monitor the path and pace of industry recovery and remain flexible in order to deliver the best possible outcomes on all fronts in Q2. While COVID remains a near-term headwind on revenue, some of the recent, more positive industry and customer data have provided the company with improved top line visibility for potential growth opportunities in the back of the year.

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 Q1 2021

Historical avgQ1 2021

+1.0%

Avg return

Earnings day

+1.5%

Avg return

5 days after

-2.3%

Avg return

30 days after

49%

34 / 69 earnings

Positive

+31.3%

Q4 2023

Best reaction

-23.2%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+18.4%+12.1%+5.6%
Q4 2025+15.8%+12.2%+1.6%
Q3 2025+13.6%+14.3%+8.4%
Q2 2025-1.2%+0.8%+4.9%
Q1 2025+29.5%+46.5%+50.9%
Q4 2024-1.8%-0.6%+0.1%
Q3 2024+4.0%+6.4%+13.5%
Q2 2024-9.1%-2.6%-8.1%
Q1 2024-7.9%-9.1%-9.6%
Q4 2023+31.3%+28.6%+27.9%
Q3 2023-1.9%-6.3%+1.0%
Q2 2023-14.9%-14.2%-20.4%
Q1 2023+9.6%+10.2%+2.3%
Q4 2022+7.1%+13.4%+1.1%
Q3 2022-2.5%-2.8%+2.8%
Q2 2022-23.2%-23.2%-20.3%
Q1 2022+19.2%+10.1%+1.1%
Q4 2021-0.9%-3.6%+4.3%
Q3 2021-13.7%-14.3%-20.2%
Q2 2021-12.4%-13.7%-17.4%
Q1 2021+11.6%+13.5%+9.5%
Q4 2020-7.8%-9.4%-13.0%
Q3 2020+2.5%-0.2%-1.8%
Q2 2020-3.0%-2.9%-19.2%
Q1 2020+9.2%+8.5%+0.6%
Q4 2019+9.0%+10.6%-24.6%
Q3 2019-5.6%-4.1%-3.3%
Q2 2019-21.9%-17.5%-26.4%
Q1 2019-4.9%+1.4%-6.7%
Q4 2018-6.1%-6.7%-18.9%
Q3 2018+4.3%+5.6%+9.1%
Q2 2018-9.9%-7.7%-3.8%
Q1 2018-5.3%-2.8%-8.9%
Q4 2017-1.5%-4.0%-19.0%
Q3 2017-4.6%-3.4%-8.5%
Q2 2017+12.2%+14.1%+10.7%
Q1 2017+10.1%+8.5%+10.8%
Q4 2016+0.1%+3.4%+6.1%
Q3 2016-3.5%-4.7%-8.4%
Q2 2016-6.2%-7.2%-5.3%
Q1 2016+2.2%
Q4 2015-1.9%
Q3 2015-2.4%
Q2 2015-0.3%
Q1 2015+2.8%
Q4 2014+1.3%
Q3 2014+2.8%
Q2 2014-4.2%
Q1 2014+4.8%
Q4 2013+0.0%
Q3 2013-2.0%
Q2 2013+0.4%
Q1 2013+0.7%
Q4 2012-0.8%
Q3 2012-3.9%
Q2 2012+6.7%
Q1 2012+6.0%
Q4 2011+0.0%
Q3 2011+4.2%
Q2 2011-3.3%
Q1 2010-0.2%
Q1 2011+2.0%
Q4 2008+0.9%
Q4 2010+0.9%
Q3 2009-0.2%
Q3 2010-0.2%
Q2 2009+4.1%
Q2 2010+4.1%
Q4 2009+4.1%

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