Healthcare Services Group's shares rose 27% after the company reported Q4 profit of $0.31 per share, beating analysts' expectations of $0.16.

Healthcare Services Group's shares surged more than 27% after the company reported better-than-expected fourth-quarter profit, with net income reaching $22.60 million or $0.31 per share, compared to $16.16 million or $0.22 per share in the prior-year quarter. Excluding items, adjusted earnings for the quarter were $0.20 per share, beating the average estimate of analysts polled by Thomson-Reuters of $0.16 per share.

February 14, 2024
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