Healthcare Services Group Q3 Earnings Fall to $24.88 Million Despite 3.3% Revenue Growth; Raises 2027 Outlook

Healthcare Services Group (HCSG) reported third-quarter earnings of $24.88 million, or $0.36 per share, down from $42.95 million, or $0.59 per share, in the same period last year. Revenue for the quarter rose 3.3% to $479.60 million from $464.34 million a year earlier, the company said. The provider of housekeeping, laundry and dining services to healthcare facilities also raised its 2027 revenue growth outlook to low double-digits from mid single-digits.