Aveanna: Q3 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — Aveanna Healthcare Holdings Inc. (AVAH) on Thursday reported third-quarter profit of $45.5 million.

On a per-share basis, the Atlanta-based company said it had net income of 20 cents. Earnings, adjusted for non-recurring costs and stock option expense, came to 23 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The home health care services provider posted revenue of $695.5 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $683.2 million.

Aveanna shares have risen 60% since the beginning of the year. The stock has climbed 46% in the last 12 months.

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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 AVAH at https://www.zacks.com/ap/AVAH