NASDAQ$HCSG

Healthcare Services Group Inc · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Delivered strong earnings and cash flow, and provided 2025 growth expectations.

HCSG reported a revenue of $437.8 million and a net income of $11.9 million for Q4 2024. The company expects mid-single digit revenue growth in 2025 and Q1 revenue in the range of $440.0 to $450.0 million.

  • Revenue was reported at $437.8 million.
  • Net income and diluted EPS were reported at $11.9 million and $0.16, inclusive of new business start-up costs.
  • Cash flow from operations was reported at $36.2 million; actual cash flow from operations, excluding the change in payroll accrual, was $27.0 million.
  • Company expects mid-single digit revenue growth in 2025 and Q1 revenue in the range of $440.0 to $450.0 million.

Headline financials

Total Revenue

$438M

Previous: $424M+3.3%
EPS (adj)

$0.16

Previous: $0.20-20.0%
Capital Expenditures

-$1.43M

Previous: $1.43M-199.6%
Net Income

$11.9M

Previous: $22.6M-47.3%
Operating Income

$13.8M

Previous: $27.2M-49.4%
Gross Profit

$68.5M

Previous: $73.5M-6.7%

Revenue & EPS history

HCSG · Revenue · Quarterly

$438M

Q4 2024+3.3%vs Q4 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

The Company expects mid-single digit revenue growth in 2025 and Q1 revenue in the range of $440.0 to $450.0 million. The Company estimates 2025 actual cash flow from operations, excluding the change in payroll accrual, in the range of $45.0 to $60.0 million.

Tailwinds

  • Expects mid-single digit revenue growth in 2025
  • Q1 revenue in the range of $440.0 to $450.0 million.
  • 2025 goal is to manage cost of services in the 86% range.
  • 2025 goal is to manage SG&A into the 8.5% to 9.5% range.
  • Estimates 2025 actual cash flow from operations, excluding the change in payroll accrual, in the range of $45.0 to $60.0 million.

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 2024

Historical avgQ4 2024

+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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