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LHC Group Inc (LHCG.OQ)

LHCG.OQ on NASDAQ Stock Exchange Global Select Market

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8 Dec 2017
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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 06:45am EST 

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 07:00am EST 

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 and Christus Health finalize joint venture agreement
Friday, 1 Sep 2017 08:00am EDT 

Sept 1 (Reuters) - LHC Group Inc :LHC Group and Christus Health finalize joint venture agreement.Joint Venture includes 21 service locations of Christus Health.LHC Group- Has purchased majority ownership of Christus Health's home care and hospice services and ltach facilities and is assuming management responsibility.Facilities will continue to operate under their existing names.  Full Article

LHC Group reports Q2 earnings per share $0.63
Wednesday, 2 Aug 2017 05:14pm EDT 

Aug 2 (Reuters) - Lhc Group Inc :Q2 earnings per share $0.63.Q2 revenue $260.2 million versus I/B/E/S view $254.4 million.Q2 earnings per share view $0.54 -- Thomson Reuters I/B/E/S.Lhc group inc - raised its fiscal year 2017 guidance for net service revenue to be in an expected range of $1.030 billion to $1.045 billion.Fy2017 earnings per share view $2.29, revenue view $1.03 billion -- Thomson Reuters I/B/E/S.Lhc group inc - raised its fiscal year 2017 guidance for fully diluted earnings per share to be in an expected range of $2.30 to $2.40.Lhc group inc qtrly total comparable-quarter organic growth in home health admissions was 10.4%.Lhc group inc qtrly total comparable-quarter organic growth in hospice admissions 4.6%.Lhc group inc - net service revenue increased 15.1% to $260.2 million for q2 of 2017 compared with $226.0 million for q2 of 2016.  Full Article

LHC Group and CHRISTUS Health announce joint venture agreement
Tuesday, 1 Aug 2017 10:25am EDT 

Aug 1 (Reuters) - LHC Group Inc ::LHC Group and CHRISTUS Health announce joint venture agreement.LHC Group expects annualized revenue from this joint venture of approximately $80 million.LHC Group expects that deal will not materially affect its 2017 diluted earnings per share.JV ‍partnership to include home health, hospice, community-based services, and facility-based services​.Co, CHRISTUS Health to form new JV for home health, hospice, long-term acute-care services, community-based services across 4 states.  Full Article

LHC Group Q1 earnings per share $0.53
Wednesday, 3 May 2017 05:12pm EDT 

May 3 (Reuters) - LHC Group Inc ::LHC Group reports first quarter 2017 EPS of $0.53 on revenue of $246.6 million.Q1 earnings per share $0.53.Q1 earnings per share view $0.44 -- Thomson Reuters I/B/E/S.Q1 revenue $246.6 million versus I/B/E/S view $242.2 million.LHC Group Inc - raised its fiscal year 2017 guidance for net service revenue to be in an expected range of $1.02 billion to $1.04 billion.LHC Group Inc - total comparable-quarter organic growth in hospice admissions for Q1 was 6.2%.Net service revenue increased 10.8% to $246.6 million for Q1 of 2017 compared with $222.6 million for Q1 of 2016.LHC Group Inc - total comparable-quarter organic growth in home health admissions for Q1 was 11.7%.LHC Group Inc says fully diluted earnings per share to be in an expected range of $2.23 to $2.33 in FY.Fy2017 earnings per share view $2.17, revenue view $1.01 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.17, revenue view $1.01 billion -- Thomson Reuters I/B/E/S.  Full Article

LHC Group and Baptist announce joint venture to provide home health and hospice care
Tuesday, 2 May 2017 03:00pm EDT 

May 2 (Reuters) - LHC Group Inc ::LHC Group and Baptist announce joint venture to provide home health and hospice care.Expects annualized revenue from the JV transaction of approximately $25 million.Expects JV transaction will be slightly accretive to LHC Group’s 2017 earnings per share.Co, Baptist sign definitive agreement to form new joint venture to enhance home health and hospice services in Tennessee and Mississippi.  Full Article

LHC Group Q4 adj EPS $0.58
Wednesday, 8 Mar 2017 04:30pm EST 

Lhc Group Inc : LHC Group reports fourth-quarter 2016 eps of $0.55 and adjusted eps of $0.58 on revenue of $235.4 million . Q4 adjusted earnings per share $0.58 . Q4 earnings per share $0.55 . Q4 earnings per share view $0.57 -- Thomson Reuters I/B/E/S . Q4 revenue $235.4 million versus I/B/E/S view $232.9 million . LHC Group inc - total comparable-quarter growth in admissions for all service lines for q4 was 13.2% . LHC Group inc - total comparable-quarter organic growth in home health admissions for q4 was 10.8% . Says fiscal year 2017 net service revenue is expected to be in range of $1 billion to $1.03 billion . LHC Group inc - sees fy fully diluted earnings per share are expected to be in range of $2.07 to $2.23 .Fy2017 earnings per share view $2.15, revenue view $986.6 million -- Thomson Reuters I/B/E/S.  Full Article

LHC Group Inc: Affirmed established fiscal 2016 guidance
Wednesday, 3 Aug 2016 04:30pm EDT 

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 09:00am EDT 

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