Investing.com - LHC Group (NASDAQ:LHCG) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
LHC Group announced earnings per share of $0.56 on revenue of $576.9M. Analysts polled by Investing.com anticipated EPS of $1.40 on revenue of $620.19M.
LHC Group shares are down 37% from the beginning of the year, still down 2.37% from its 52 week high of $169.84 set on March 31.
LHC Group follows other major Healthcare sector earnings this month
LHC Group's report follows an earnings beat by UnitedHealth on October 14, who reported EPS of $5.79 on revenue of $80.9B, compared to forecasts EPS of $5.43 on revenue of $80.52B.
J&J had beat expectations on October 18 with third quarter EPS of $2.55 on revenue of $23.79B, compared to forecast for EPS of $2.52 on revenue of $23.46B.
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