Home health services company Gentiva Health Services Inc. on Thursday reaffirmed its 2010 financial outlook and set guidance for 2011.
The company expects adjusted profit from continuing operations between $2.75 and $2.80 on revenue between $1.42 billion and $1.45 billion in 2010. Analysts polled by Thomson Reuters expect profit of $2.77 per share on $1.45 billion in revenue.
In 2011, the company expects adjusted profit from continuing operations between $2.70 and $2.80 per share on $1.9 billion to $1.95 billion in revenue. Analysts expect profit of $2.68 per share on $1.96 billion in revenue.
Shares of Gentiva rose $1.20, or 5.2 percent, to $24.35 in morning trading. The stock has traded between $18.93 and $30.88 over the last 52 weeks.