Hanger (HNGR) Posts Quarterly Earnings Results, Hits Estimates
Hanger (OTCMKTS:HNGR) posted its quarterly earnings data on Thursday. The healthcare company reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40, Morningstar.com reports. The company had revenue of $284.85 million during the quarter, compared to the consensus estimate of $288.65 million.
HNGR stock traded up $0.37 on Friday, hitting $19.85. 245,379 shares of the company’s stock traded hands, compared to its average volume of 209,858. Hanger has a 1-year low of $15.60 and a 1-year high of $24.50.
Separately, Zacks Investment Research raised shares of Hanger from a “sell” rating to a “hold” rating in a research note on Tuesday, February 5th.
Hanger Company Profile
Hanger, Inc provides orthotic and prosthetic (O&P) services; and distributes O&P devices and components, manages O&P networks, and provides therapeutic solutions to patients and businesses in acute, post-acute, and clinic settings in the United States. It operates through two segments, Patient Care and Products & Services.
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