Edition:
India

LHC Group Inc (LHCG.OQ)

LHCG.OQ on NASDAQ Stock Exchange Global Select Market

67.65USD
17 Nov 2017
Change (% chg)

$-0.28 (-0.41%)
Prev Close
$67.93
Open
$68.01
Day's High
$68.60
Day's Low
$66.91
Volume
159,925
Avg. Vol
67,120
52-wk High
$76.14
52-wk Low
$41.93

Latest Key Developments (Source: Significant Developments)

LHC Group and Almost Family have agreed to combine in an all-stock merger of equals transaction​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - LHC Group Inc :LHC Group Inc - ‍Almost Family shareholders will receive 0.9150 shares of LHC group for each existing almost Family share​.LHC Group Inc - LHC Group and Almost Family Inc have agreed to combine in an all-stock merger of equals transaction​.LHC Group Inc - ‍merger is expected to be immediately accretive to adjusted earnings per diluted share for both companies​.LHC Group Inc - ‍$25 million in run-rate cost synergies identified from deal​.LHC Group Inc - ‍merger agreement unanimously approved by boards of directors of each company​.LHC Group Inc - ‍Almost Family shareholders will receive 0.9150 shares of lhc group for each existing almost Family share​.LHC Group Inc - ‍$25 million in run-rate cost synergies identified as part of deal​.LHC Group Inc - ‍upon closing of transaction, LHC Group shareholders will own 58.5 pct and almost family shareholders will own 41.5 pct of combined company​.LHC Group Inc - ‍Keith Myers, current chairman and CEO of LHC Group, will be named chairman and chief executive officer of combined company​.LHC Group Inc - ‍stock issuance in merger is expected to be tax-free to shareholders of both companies​.  Full Article

LHC Group reports increase of 13.0% in third quarter earnings per diluted share
Monday, 6 Nov 2017 

Nov 6 (Reuters) - LHC Group Inc :LHC Group reports increase of 13.0% in third quarter earnings per diluted share, 18.5% in adjusted earnings per diluted share.LHC Group Inc qtrly ‍net service revenue increased 18.2% to $272.9 million compared with $230.8 million​.LHC Group Inc qtrly ‍ earnings per diluted share attributable to lhc group's common stockholders $0.61​.LHC Group Inc qtrly ‍adjusted net income attributable to LHC Group's common stockholders $0.64 per diluted share​.LHC Group Inc qtrly ‍total organic growth in home health admissions was 6.2%​.LHC Group Inc - ‍raised issued fiscal year 2017 guidance for net service revenue to be in an expected range of $1.05 billion to $1.06 billion​.LHC Group Inc sees ‍fiscal year 2017 GAAP earnings per diluted share to be in an expected range of $2.35 to $2.40​.Q3 earnings per share view $0.59, revenue view $265.6 million -- Thomson Reuters I/B/E/S.FY2017 earnings per share view $2.39, revenue view $1.05 billion -- Thomson Reuters I/B/E/S.  Full Article

LHC Group Inc: Affirmed established fiscal 2016 guidance
Thursday, 4 Aug 2016 

LHC Group Inc : Q2 adjusted earnings per share $0.52 . Q2 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Lhc group announces second quarter earnings per diluted share of $0.54 and adjusted earnings per diluted share of $0.52 . Q2 earnings per share $0.54 . LHC Group Inc says net service revenue increased 12.9% to $226.0 million for Q2 of 2016 compared with $200.2 million for Q2 of 2015 . Says Total Comparable Quarter growth in admissions for all service lines for Q2 was 12.3% . LHC Group Inc says raised its fiscal year 2016 guidance for net service revenue to be in an expected range of $885 million to $900 million .LHC Group Inc says affirmed established fiscal 2016 guidance for fully diluted earnings per share to be in an expected range of $1.90 to $2.00.  Full Article

LHC Group announces two definitive purchase agreements for home health, hospice
Tuesday, 7 Jun 2016 

LHC Group Inc : Transaction is expected to be accretive to LHC Group's 2017 earnings per diluted share by between $0.05 and $0.10 . LHC Group Inc says transactions are expected to have an approximately neutral impact on LHC group's 2016 earnings . Estimated annualized revenue from transaction is approximately $10.5 million .LHC Group announces two definitive purchase agreements for home health, hospice and community based services agencies producing approximately $44 million in annualized revenue.  Full Article

LHC Group Inc announce CFO change
Wednesday, 13 Apr 2016 

LHC Group Inc:says proffitt will replace lhc group's current executive vice president, chief financial officer and treasurer, dionne e. Viator.  Full Article

LHC Group Inc gives FY 2016 net service revenue and EPS outlook
Thursday, 3 Mar 2016 

LHC Group Inc:Says Fy 2016 net service revenue is expected to be in the range of $870 million to $890 million, and fully diluted earnings per share are expected to be in the range of $1.90 to $2.00.  Full Article

LHC Group acquires Heartlite Hospice
Wednesday, 2 Mar 2016 

LHC Group:Says it has acquired the assets of Heartlite Hospice.Acquisition is anticipated to be accretive to LHC Group's 2016 earnings by approximately $0.01 per diluted share.  Full Article

LHC Group Inc and Baton Rouge General announce joint venture
Wednesday, 10 Feb 2016 

LHC Group Inc and Baton Rouge General:Announced a new joint venture agreement that will enhance home care service in Baton Rouge and help to seamlessly transition patients from the hospital to the home.  Full Article

LHC Group, Inc completes two home health acquisitions in Kentucky
Friday, 4 Dec 2015 

LHC Group, Inc:Completes two home health acquisitions in the Certificate of Need state of Kentucky and the addition of hospice to its joint venture with Missouri Delta Medical Center in Missouri.  Full Article

BRIEF-Almost Family to pay LHC Group, or LHC to pay co, a fee of $30 mln‍​ if deal terminated

* Almost family-if deal terminated under certain circumstances, co may have to pay LHC Group, or LHC may have to pay co, a fee of $30 million‍​- SEC filing‍​ Source text: (http://bit.ly/2z6wOSf) Further company coverage: