LAFAYETTE, La. (AP) _ LHC Group Inc. (LHCG) on Wednesday reported first-quarter profit of $34.7 million.

The Lafayette, Louisiana-based company said it had net income of $1.10 per share. Earnings, adjusted for non-recurring costs, came to $1.39 per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.26 per share.

The entry-level homebuilder in the Texas, Arizona, Florida and Georgia markets posted revenue of $524.8 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $524.9 million.

LHC expects full-year earnings in the range of $6.20 to $6.40 per share, with revenue in the range of $2.22 billion to $2.27 billion.

LHC shares have dropped 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $198.47, an increase of 60% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LHCG at https://www.zacks.com/ap/LHCG