<span item_type="fundamental" item_id="9a769f0470828427958adfa723f4f46d" counter_id="ST/US/EHAB" env="prod"></span><span item_type="announcement" item_id="546548153153689345" env="prod"></span><p>营收：截至 2025 财年 Q2，公布值为 2.66 亿美元，市场一致预期值为 2.63 亿美元，超过预期。</p><p>每股收益：截至 2025 财年 Q2，公布值为 0.1 美元，市场一致预期值为 0.11 美元，不及预期。</p><p>息税前利润：截至 2025 财年 Q2，公布值为 8 百万美元。</p><p></p><h3>财务数据概览</h3><h4>综合财务表现</h4><ul><li>服务净收入为 2.661 亿美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span></li><li>归属于 Enhabit, Inc.的净收入为 520 万美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/enhabit_earningsxslidesx.htm"></span></li><li>调整后的 EBITDA 为 2690 万美元，同比增长 6.7%。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/enhabit_earningsxslidesx.htm"></span></li><li>每股收益为 0.10 美元，调整后的稀释每股收益为 0.13 美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span></li></ul><h4>运营指标</h4><ul><li>家庭健康服务的非 Medicare 入院人数增长 5.2%，总入院人数同比增长 1.3%。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span></li><li>家庭健康服务的平均每日住院人数同比增长 0.5%。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span></li><li>临终关怀的平均每日住院人数同比增长 12.3%。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span></li><li>临终关怀的调整后 EBITDA 同比增长 53.8%。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span></li></ul><h4>现金流</h4><ul><li>经营活动产生的现金流为 2850 万美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span></li><li>调整后的自由现金流为 2780 万美元。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span></li><li>调整后自由现金流：2025 年第二季度为 1090 万美元，同比增长 28.2%。<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/enhabit_earningsxslidesx.htm"></span></li></ul><h4>债务与流动性</h4><ul><li>总债务：截至 2025 年 6 月 30 日为 4.793 亿美元，较 2024 年 12 月 31 日减少 3600 万美元。<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/enhabit_earningsxslidesx.htm"></span></li><li>可用流动性：截至 2025 年 6 月 30 日为 1.135 亿美元。<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/enhabit_earningsxslidesx.htm"></span></li></ul><h3>指导和展望</h3><ul><li>公司更新了 2025 年的指导，预计净服务收入在 10.60 亿至 10.73 亿美元之间，调整后的 EBITDA 在 1.04 亿至 1.08 亿美元之间，调整后的每股收益在 0.47 至 0.55 美元之间。<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/q22025enhabitearningsrelea.htm"></span><span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/enhabit_earningsxslidesx.htm"></span></li><li>家庭健康方面，预计平均每日住院人数将增加 2.0% 至 3.0%，每患者日收入将减少 2.7% 至 2.3%。<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/enhabit_earningsxslidesx.htm"></span></li><li>临终关怀方面，预计平均每日住院人数将增加 10.9% 至 11.6%，每患者日收入将增加 4.9% 至 5.3%。<span class="superscript" item_id="0" item_type="announcement_file" value="2" url="https://www.sec.gov/Archives/edgar/data/1803737/000180373725000148/enhabit_earningsxslidesx.htm"></span></li></ul>

Enhabit Home Health & Hospice｜8-K：2025 财年 Q2 营收 2.66 亿美元超过预期