LHC reports lower quarterly earnings

Lafayette-based home nursing company LHC Group Inc. reported first-quarter earnings of $4.1 million, or 24 cents per share, compared to $6.3 million, or 37 cents per share, a year ago.

The company generated $163.7 million for the quarter, compared to $162 million a year earlier.

LHC Group’s results fell short of Wall Street’s expectations. Stock analysts surveyed by Thomson Reuters had forecast earnings of 27 cents per share on revenue of $166.2 million.

However, LHC said weather-related closures trimmed 5 cents per share from its results. Without that charge, the company would have easily exceeded stock analysts’ forecasts.

The company also reaffirmed the 2014 earnings guidance the company issued in March. The company expects revenue in the range of $700 million to $720 million and per-share earnings of $1.15 to $1.35.