Healthcare (GTIV)

[mlkrborn]

Gentiva Health sees FY12 EPS in-line; reaffirms FY12 rev, announces $5 mln share buyback (GTIV) 7.00 : Co sees FY12 adj. EPS of $1.00-1.20 vs $1.11 Capital IQ Consensus Estimate; reaffirms revs $1.70-1.76 bln vs $1.76 bln Capital IQ Consensus Estimate. Additionally, the co announced today that it entered into a stock repurchase plan under Rule 10b5-1 of the Securities and Exchange Commission (SEC) to repurchase its outstanding common stock under existing repurchase authorizations. The Company is permitted to buy back up to $5 million of common stock each fiscal year based on the terms in its credit agreement.