AdaptHealth Corp. Announces Fourth Quarter and Full Year 2020 Financial Results
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AdaptHealth Corp. (AHCO) Misses Q4 EPS by 64c, Revenues Beat; Raises FY21 Revenue Outlook Above Consensus
March 4, 2021 6:33 AM ESTAdaptHealth Corp. (NASDAQ: AHCO) reported Q4 EPS of ($0.47), $0.64 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $348.4 million versus the consensus estimate of $323.09 million.
Fourth Quarter Results
Net revenue was $348.4 million, a 133% increase from the fourth quarter of 2019 and 23% higher than the third quarter of 2020.Net loss attributable to AdaptHealth Corp. was $31.0 million, or $0.47 per diluted share, compared to a net loss of $3.4 million, or $0.10 per diluted share, in the fourth quarter of 2019. The fourth quarter of 2020 was impacted by a $56.9 million ($0.72 per diluted share)... More