Revenue Update on Almost Family Inc(NASDAQ:AFAM)

Almost Family Inc(NASDAQ:AFAM) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 3, 2016. Company reported revenue of $156.00M. Analysts estimated a revenue of $155.19M. Earnings per share were $0.61. Analysts had estimated an EPS of $0.64.

Almost Family Inc (AFAM) shares turned negative on Fridays trading session with the shares closing down -0.02 points or -0.05% at a volume of 31,196. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $40.09. The peak price level was also seen at $40.09 while the days lowest was $39.38. Finally the shares closed at $39.58. The 52-week high of the shares is $50.48 while the 52-week low is $34.08. According to the latest information available, the market cap of the company is $411 M.

Several Insider Transactions has been reported to the SEC. On Aug 18, 2015, Henry M Jr Altman (director) sold 1,000 shares at $50.10 per share price.Also, On Aug 7, 2015, Tyree G Wilburn (director) sold 12,500 shares at $48.18 per share price.On Aug 5, 2015, Steven B Bing (director) sold 2,125 shares at $48.14 per share price, according to the Form-4 filing with the securities and exchange commission.

Almost Family Inc. along with its subsidiaries is a provider of home health services. The Company has two divisions Home Health Care and Healthcare Innovations. The Home Health Care division consists of two segments: Visiting Nurse Services (VN or Visiting Nurse) and Personal Care Services (PC or Personal Care). Healthcare Innovations is also a segment. The VN segment provides a range of home health nursing services to patients in need of recuperative care typically following a period of hospitalization or care in an inpatient facility. The PC segment provides services in patients’ homes primarily on an as-needed hourly basis. The Company’s Healthcare Innovations segment includes its developmental activities outside its traditional home health business platform. The Company has service locations in Florida Tennessee Ohio Kentucky Connecticut New Jersey Massachusetts Indiana Illinois Pennsylvania Georgia Missouri New York Mississippi and Alabama.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Almost Family Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Almost Family Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.