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The latest update is out from Encompass Health (EHC).
Encompass Health’s earnings report includes non-GAAP financial measures such as adjusted earnings per share and Adjusted EBITDA to offer a clearer picture of ongoing operations by excluding items they believe are non-indicative of current performance. These measures are essential for understanding the company’s ability to service debt and are used to assess liquidity, as they are key components of the credit agreement covenants. The company also uses adjusted free cash flow to evaluate its capacity for debt reduction, development activities, and returning capital to shareholders. While these non-GAAP measures provide valuable insight, they are not substitutes for GAAP measures and may not be directly comparable to similar metrics from other companies. The report also contains forward-looking statements regarding the company’s future performance and strategic plans, which are subject to risks and uncertainties that could cause actual results to differ.
For detailed information about EHC stock, go to TipRanks’ Stock Analysis page.
