ATLANTA (AP) — ATLANTA (AP) — Aveanna Healthcare Holdings Inc. (AVAH) on Thursday reported third-quarter net income of $14.1 million, after reporting a loss in the same period a year earlier.
The Atlanta-based company said it had profit of 6 cents per share. Earnings, adjusted for one-time gains and costs, were 15 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.
The home health care services provider posted revenue of $621.9 million in the period.
Aveanna shares have more than doubled since the beginning of the year. The stock has climbed 99% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AVAH at https://www.zacks.com/ap/AVAH
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