Kindred Healthcare misses by $0.01, beats on revs; guides FY18 EPS in-line, revs above consensus
- Reports Q3 (Sep) adjusted loss of $0.20 per share, $0.01 worse than the Capital IQ Consensus of ($0.19); revenues fell 5.5% year/year to $1.48 bln vs the $1.44 bln Capital IQ Consensus.
- Core operating cash flows were $29.8 million compared to $29.5 million for the same period a year ago.
- Co issues guidance for FY18, sees EPS of $0.65-$0.85 vs. $0.66 Capital IQ Consensus Estimate; sees FY18 revs of $6.1-$6.3 vs. $6.09 bln Capital IQ Consensus Estimate. Sees Core EBITDAR of $815 million, with a range of $800 million to $830 million.
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