Surgery Partners Inc expected to post earnings of 7 cents a share - Earnings Preview

Surgery Partners

03/05/2024 15:30

* Surgery Partners Inc  SGRY.OQ   SGRY.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 7 for
the period ending March 31 2024
    * The Brentwood Tennessee-based  company is expected to
report a
4.8% increase in revenue to $698.031 million from $666.2 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Surgery Partners Inc is
for
earnings of 7 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Surgery
Partners
Inc is $43.00​, above​ its last closing price of $25.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.38        0.38       0.44      Beat    16.2
 Sep. 30 2023  0.18        0.16       0.19      Beat    16.5
 Jun. 30 2023  0.09        0.08       0.28      Beat    245.3​
 Jan. 1 0001   0.00        0.00       0.08      Beat    1,951.
                                                        3
 ​​Dec.        0.19        0.19       0.27      Beat    45.9
 31 2022                                                
 Sep. 30 2022  0.03        0.05       -0.02     Missed  -143.8
                                                        ​
 Jan. 1 0001   -0.01       -0.01      -0.03     Missed  -344.4
 Jan. 1 0001   -0.06       -0.06      -0.09     Missed  -47.5
 This summary was machine generated May 3 at 14:30 GMT.  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)