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Healthsouth Corp Raises FY 2013 Earnings Guidance; Initiates Quarterly Cash Dividend


Thursday, 25 Jul 2013 04:30pm EDT 

Healthsouth Corp announced that it is raising its fiscal 2013 guidance and expects adjusted EBITDA guidance to a range of $520 million to $530 million from a range of $506 million to $516 million, raising its guidance for income from continuing operations attributable to HealthSouth per share to $2.87 to $2.93 per diluted share from $1.61 to $1.68 per basic share. According to I/B/E/S Estimates, analysts are expecting the Company to EBITDA of $521 million and EPS of $1.73 for fiscal 2013. The Company's board of directors approved the initiation of a quarterly cash dividend on its common stock of $0.18 per share, representing $0.72 per share annually. The first quarterly dividend has been declared and will be payable on or about October 15, 2013 to stockholders of record as of the close of business on October 1, 2013. The Company expects quarterly dividends to be paid in January, April, July, and October. 

Company Quote

43.46
-0.62 -1.41%
27 Feb 2015