USPH - U.S. Physical Therapy says Hurricane Ian affected about 50 clinics ~$395K in lost sales
- U.S. Physical Therapy ( NYSE: USPH ) on Monday said 51 of its 614 clinics were affected by Hurricane Ian, leading to business interruptions in parts of the states of Florida, Georgia and South Carolina.
- USPH estimated that about 3.5K patient visits - representing around $300K in revenue and gross profits - were lost from Sept. 26-30.
- Another 1.1K patient visits - representing around $95K in revenue and gross profits - were lost in the first week of Oct., the company said in a statement .
- USPH said it expects continued interruption at several clinics for the next few weeks.
- The company is set to announce its Q3 results in Nov. The consensus estimates are $0.55 EPS and $138.11M revenue.
- USPH stock +2.2% to $79.11 after hours.
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U.S. Physical Therapy says Hurricane Ian affected about 50 clinics, ~$395K in lost sales