Healthcare Services Group, Inc. (NASDAQ:HCSG) is reporting second quarter financial results on Tuesday 21st July 2020, after market close.
According to analysts surveyed by Thomson Reuters, HCSG is expected to report 2Q20 income of $ 0.26 per share from revenue of $ 449.41 million.
For the full year, analysts anticipate top line of $ 1810.38 million, while looking forward to income of $ 1.08 per share bottom line.
Previous Quarter Performance
Healthcare Services Group, Inc. unwinded income for the first quarter of $ 0.27 per share, from the revenue of . The quarterly earnings decreased 12.20 percent while revenues compared with the same quarter last year.
Wall street analysts are predicting, income of $ 0.26 per share The bottom line results beat street analysts by $ 0.01 or 3.85 percent, at the same time, top line results analysts by $ 1.63 million or .
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of HCSG was $ 26.94, representing a 70.51 % increase from the 52 week low of $ 15.80 and a 13.93 % decrease over the 52 week high of $ 31.30.
The company has a market capital of $ 2.00 billion and is part of the Industrials sector and Business Services industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.2025 per share on April 21, 2020. The dividend were payable on June 26, 2020 to holders of record as of the close of business on May 22, 2020 and ex-dividend date on May 21, 2020.
Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. It operates through two segments, Housekeeping and Dietary.
