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Healthsouth Corp Raises FY 2013 Earnings Guidance

Thursday, 25 Apr 2013 04:30pm EDT 

Healthsouth Corp announced that the for fiscal 2013, it expects earnings per share (EPS) guidance range to $1.61 to $1.68 solely to reflect a lower share count and higher interest expense resulting from the repurchase of approximately 9.1 million common shares in March 2013. Based on its results for the first quarter of 2013, the Company expects its fiscal 2013 Adjusted EBITDA and EPS to be at the high end of, or higher than, these guidance ranges. The Company previously has provided fiscal 2013 guidance which consisted of Adjusted EBITDA in the range of $506 million to $516 million and income from continuing operations attributable to per share in the range of $1.50 to $1.56 per share. According to I/B/E/S Estimates, analysts are expecting the Company to EBITDA of $495 million and EPS of $1.65 for fiscal 2013. 

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