Encompass health reports q1 2020 results; suspends authorized share repurchase program

Encompass health reports results for first quarter 2020 and provides update on response to covid-19 pandemic.encompass health corp qtrly net operating revenues $1,182.0 million versus $1,124.0 million.encompass health corp qtrly adjusted earnings per share $0.87.encompass health corp - suspended its authorized share repurchase program.encompass health corp - co's executive team voluntarily reduced their base compensation for six months.encompass health - developed plans to manage labor costs via furloughs, changes to compensation structures & workforce reductions.encompass health corp - secured secondary sources of ppe and other medical supplies.encompass health corp - developed plans for reducing capital expenditures.
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