Amedisys, a rapidly expanding provider of home nursing services, posted a 71% increase in second-quarter earnings while raising its 2009 profit guidance. For the April-through-June quarter, Amedisys earned $35.1 million, or $1.27 per share, on revenue of $377.9 million, compared with year-ago earnings in the second quarter, which were $20.4 million, or 76 cents per share, on revenue of $312.7 million. Analysts surveyed by Thomson Reuters, on average, had forecast per-share earnings of $1.02 and revenue of $360.1 million. Baton Rouge-based Amedisys increased its 2009 earnings guidance to a range of $4.75 to $4.90 per share, excluding any future acquisitions, and its revenue guidance to a range of $1.475 billion to $1.5 billion. Previously, the company said its expected annual earnings were $4.10 to $4.30 per share, with revenue of $1.43 billion to $1.48 billion.
Amedisys boosts second-quarter earnings, ups guidance
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