Pediatrix Medical Group Inc reports results for the quarter ended in March - Earnings Summary

Pediatrix Medical

07/05/2024 15:22

* Pediatrix Medical Group Inc  MD.N  reported quarterly
adjusted
earnings of 20 cents​​ per share for the quarter ended in March,
lower than the same quarter last year, when the company reported
EPS of 23 cents.  The mean expectation of nine analysts for the
quarter was for earnings of 19 cents per share. Wall Street
expected results to range from 16 cents to 22 cents per share.
    * Revenue rose 0.8% to $495.10 million from a year ago;
analysts
expected $499.08 million. 
    * Pediatrix Medical Group Inc's reported EPS for the quarter
was 5
cents​.
    * The company reported quarterly net income of $4.04
million.
    * Pediatrix Medical Group Inc shares had fallen by 7.5% this
quarter and lost 0.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.9%
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," 6
"hold" and 2 "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Pediatrix
Medical
Group Inc is $9.00 

This summary was machine generated from LSEG data May 7 at 02:21
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
 Mar. 31 2024      0.19           0.20           Beat
 Dec. 31 2023      0.33           0.32           Missed
 Sep. 30 2023      0.43           0.32           Missed
 Jun. 30 2023      0.40           0.39           Missed