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U.S. Physical Therapy: Q1 Earnings Snapshot

May 5, 2022 GMT

HOUSTON (AP) _ U.S. Physical Therapy Inc. (USPH) on Thursday reported first-quarter net income of $8.8 million.

The Houston-based company said it had profit of 67 cents per share. Earnings, adjusted for non-recurring gains, came to 65 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.

The physician staffing services company posted revenue of $131.7 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $129.3 million.

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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