Pediatrix Medical Group Inc reports results for the quarter ended in June - Earnings Summary
06/08/2024 14:52
* Pediatrix Medical Group Inc MD.N reported quarterly
adjusted
earnings of 34 cents per share for the quarter ended in June,
lower than the same quarter last year, when the company reported
EPS of 39 cents. The mean expectation of nine analysts for the
quarter was for earnings of 31 cents per share. Wall Street
expected results to range from 27 cents to 36 cents per share.
* Revenue rose 0.7% to $504.30 million from a year ago;
analysts
expected $505.49 million.
* Pediatrix Medical Group Inc's reported EPS for the quarter
was a
loss of $1.84.
* The company reported a quarterly loss of $153.03 million.
* Pediatrix Medical Group Inc shares had risen by 0.9% this
quarter and lost 18.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 5.3%
in the last three months.
* In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the healthcare
facilities & services peer group is also "hold"
Wall Street's median 12-month price target for Pediatrix Medical
Group Inc is $8.00
This summary was machine generated from LSEG data August 6 at
01:52 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Jun. 30 2024 0.31 0.34 Beat
Mar. 31 2024 0.19 0.20 Beat
Dec. 31 2023 0.33 0.32 Missed
Sep. 30 2023 0.43 0.32 Missed