Morgan Keegan Anticipates HealthSouth Q2

HealthSouth HLS will report second quarter earnings after the market close on Wednesday, July 27, “followed by a conference call on Thursday at 9:30 AM EDT to discuss the results,” Morgan Keegan reports. “Our income from continuing operations estimate of $0.25 is $0.02 below the First Call consensus,” Morgan Keegan writes. “We expect HealthSouth to continue to outperform its peers, though we expect same-store discharge growth to be slower than the first quarter's 4.5% due to a more challenging year-ago comparison. Our estimate excludes the dilutive impact of early debt extinguishment from calling $335 million of the company's 10.75% senior notes last month.” HealthSouth closed Monday at $25.56.