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Horizon Expects Fourth Quarter Earnings to Fall Below Estimates

OPEN MINDS, The Behavioral Health & Social Service Industry Analyst Industry News On October 6, 1998, Horizon Health Corporation, citing changes in federal health care rules, said it expects fourth quarter earnings to fall below estimates in a range between $0.24 and $0.25 per share diluted. According to Reuters News Service, the Lewisville, Texas mental health company also said it expects earnings for fiscal 1999, which began September 1, 1998, to at a minimum, reach $0.90 per share diluted. Analysts had expected the company to post fourth quarter earnings of $0.31 per share and earnings of . . .

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