Rehab Group, Inc. (RHB) reported strong second-quarter results on August 6 that were better than expected, the fourth time in the last four quarters the company has surprised and beat estimates.
Second-Quarter Results
For the quarter, sales were up 13% from last year to $205.2 million. Earnings came in strong at 43 cents, 6 cents ahead of the Zacks Consensus Estimate. The company has beat in each of the last 4 quarters by an average 10 cents, or 36%.
Estimates
Estimates have held mostly steady in the short-run, but over the last few months the current-year estimate has added 23 cents and climbed to $1.69 per share. The next-year estimate is projecting 11% earnings growth.
The Chart
Shares of RHB have been trending higher for most of the last year, recently topping off above $26. Take a look at the nice move below.
Last Week’s Momentum Zacks Rank Buy Stocks
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