Encompass Health Reaffirms 2026 Guidance After Florida Hospital Flooding, Closure
MT newswire2026/11/06 13:11Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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09:11 AM EST, 11/06/2026 (MT Newswires) -- Encompass Health (EHC) on Friday reaffirmed its 2026 guidance, including net operating revenue of $6.45 billion to $6.50 billion and adjusted earnings per share of $6.23 to $6.37, after flooding forced the indefinite closure of its 90-bed Sea Pines Rehabilitation Hospital in Melbourne, Florida. Analysts polled by FactSet expect earnings of $6.28 per diluted share and revenue of $6.47 billion. All patients were safely evacuated, and employees were accounted for, it said. The hospital sustained substantial damage, with its joint venture owners evaluating refurbishment or replacement options, Encompass Health added. Sea Pines generated approximately $44 million in revenue and $14 million in adjusted EBITDA through the first nine months of 2026, it said.
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