What analyst predict for Addus HomeCare NASDAQ:ADUS ?
Addus HomeCare NASDAQ:ADUS headquartered in Frisco is reporting their earnings on 05/07/2018 before the bell. Street forecast for the quarter ending March 2018 is $0.36.
According to stock market daily analyst this is Lower then same time previous year. Addus HomeCare reported EPS for the same quarter last year was $0.32.
Overview of Addus HomeCare NASDAQ:ADUS
Addus was founded in 1979 as a home cleaning service focusing on serving residents in high rises in downtown Chicago. The company expanded when a small contract was acquired with the city of Chicago to provide chore services to the city’s at-risk elderly population. The chore services program later expanded into the Community Care Program through the Illinois Department on Aging, and the company significantly increased its client base in Illinois under the new name, National Home Care Services.
The company’s growth continued through the acquisition of additional home care contracts in other states, the opening of new branch offices, and the diversification into new service lines, including skilled home health services and adult day services. In 1996, the company changed its name to Addus HomeCare. Through a national name change nomination contest, an employee in California, who studied ancient deities as a hobby, suggested the name Addus based on the ancient Celtic deity who brought health and wellness to his people.
Addus has intensified its focus on becoming a sales and service driven organization, expanding its service integration model and establishing the company brand. Addus currently holds approximately 300 home care contracts throughout the country. The company provides health care services to over 33,000 consumers weekly from over 111 branches located in 24 states.
Addus has also continued to develop an employee-centered culture based on a commitment to practicing its established beliefs and values and the recognition that Addus employees are its greatest asset.
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