Healthcare Services Group (HCSG) Set to Announce Earnings on Wednesday

Key Points

• Healthcare Services Group is expected to report Q3 2026 results before market open on October 21. Analysts forecast earnings of $0.2386 per share on revenue of $480.80 million.
• In the previous quarter, the company beat earnings expectations with EPS of $0.32 versus the $0.22 consensus, while revenue of $470.81 million was slightly below estimates.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $26.67, although recent ratings have included both upgrades and downgrades. Shares recently opened at $20.89, and an insider sale reduced the COO’s holdings by about 41%.

Healthcare Services Group (NASDAQ:HCSG - Get Free Report) will likely be posting its Q3 2026 results before the market opens on Wednesday, October 21st. Analysts expect the company to post earnings of $0.2386 per share and revenue of $480.80 million for the quarter. Parties can check the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 8:30 AM ET.

Healthcare Services Group (NASDAQ:HCSG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The business services provider reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.10. Healthcare Services Group had a net margin of 6.59% and a return on equity of 18.97%. The business had revenue of $470.81 million during the quarter, compared to the consensus estimate of $471.22 million. During the same quarter in the previous year, the firm earned ($0.44) EPS. On average, analysts expect Healthcare Services Group to post $1.14 EPS for the current fiscal year and $1.19 EPS for the next fiscal year.

Healthcare Services Group Trading Up 1.3%

Shares of Healthcare Services Group stock opened at $20.89 on Wednesday. The company has a fifty day simple moving average of $21.65 and a 200-day simple moving average of $21.74. Healthcare Services Group has a 12-month low of $15.49 and a 12-month high of $25.75. The stock has a market cap of $1.43 billion, a price-to-earnings ratio of 15.17 and a beta of 0.81.

Insiders Place Their Bets

In other Healthcare Services Group news, COO Andrew Kush sold 15,598 shares of the business's stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $23.24, for a total value of $362,497.52. Following the completion of the sale, the chief operating officer owned 22,741 shares in the company, valued at approximately $528,500.84. The trade was a 40.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.90% of the company's stock.

Analyst Upgrades and Downgrades

HCSG has been the topic of several research analyst reports. UBS Group lifted their price target on shares of Healthcare Services Group from $27.00 to $30.00 and gave the stock a "buy" rating in a research note on Wednesday, July 8th. Weiss Ratings upgraded shares of Healthcare Services Group from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, September 25th. Wall Street Zen downgraded shares of Healthcare Services Group from a "buy" rating to a "hold" rating in a research note on Saturday, August 1st. Robert W. Baird dropped their price objective on Healthcare Services Group from $26.00 to $24.00 and set a "neutral" rating on the stock in a report on Thursday, October 8th. Finally, Oppenheimer assumed coverage on Healthcare Services Group in a research report on Wednesday, August 19th. They set an "outperform" rating and a $28.00 target price on the stock. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Healthcare Services Group has a consensus rating of "Moderate Buy" and an average target price of $26.67.

About Healthcare Services Group

Healthcare Services Group, Inc NASDAQ: HCSG provides outsourced support services to healthcare and senior-living facilities in the United States. Its primary customers include skilled nursing facilities, nursing homes, continuing care retirement communities and other healthcare-related organizations.

The company's services are organized primarily around housekeeping and dining operations. Housekeeping services include cleaning, laundry and related environmental services, while dining services may include food procurement, meal preparation, dietary management and other support for resident and patient meal programs.

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