By Colin Kellaher
AdaptHealth shares rose sharply on Tuesday after the provider of home medical equipment and medical supplies posted financial results that surpassed Wall Street's expectations.
Shares of the Plymouth Meeting, Pa., company were recently changing hands at $10.61, up 24%.
AdaptHealth reported fourth-quarter earnings of 34 cents a share on revenue of $856.6 million, topping the 25 cents a share and $829.2 million, respectively, that analysts polled by FactSet had been looking for.
The company also forecast 2025 revenue of $3.22 billion to $3.36 billion, bracketing the $3.33 billion that analysts had penciled in.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 25, 2025 12:34 ET (17:34 GMT)
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