HOUSTON (AP) _ U.S. Physical Therapy Inc. (USPH) on Thursday reported third-quarter net income of $9 million.
The Houston-based company said it had net income of 66 cents per share. Earnings, adjusted for non-recurring costs, were 71 cents per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 71 cents per share.
The physician staffing services company posted revenue of $117.3 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $121.5 million.
U.S. Physical Therapy expects full-year earnings in the range of $2.80 to $2.90 per share.
U.S. Physical Therapy shares have risen 44% since the beginning of the year. The stock has risen 28% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on USPH at https://www.zacks.com/ap/USPH
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