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LHC Group (LHCG -15.3%) gets hit after the company says its Q3 earnings will be below estimates...
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Thursday, October 27, 2011, 10:30 AM ETLHC Group (LHCG -15.3%) gets hit after the company says its Q3 earnings will be below estimates due to higher legal and administrative costs, and lowers guidance for FY11. It now expects to report an EPS loss in the range of $2.10 - $2.25 on revenue of $150M - $155M. Separately, SunTrust downgrades the shares to Neutral on the news.
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