Surgery Partners Inc reports results for the quarter ended September 30 - Earnings Summary

Surgery Partners

12/11/2024 15:29

* Surgery Partners Inc  SGRY.OQ  reported quarterly adjusted
earnings of 19 cents​​ per share for the quarter ended September
30, identical to the same quarter last year.  The mean
expectation of thirteen analysts for the quarter was
for earnings of 25 cents per share. Wall Street expected
results to range from 16 cents to 34 cents per share.
    * Revenue rose 14.3% to $770.40 million from a year ago;
analysts
expected $769.77 million. 
    * Surgery Partners Inc's reported EPS for the quarter was a
loss
of 25 cents​.
    * The company reported a quarterly loss of $31.7 million.
    * Surgery Partners Inc shares had fallen by 2.5% this
quarter and
lost 1.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.7%
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 "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for Surgery Partners
Inc is $38.00 
This summary was machine generated from LSEG data November 12 at
03:28 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
 Sep. 30 2024      0.25           0.19           Missed
 Jun. 30 2024      0.20           0.21           Beat
 Mar. 31 2024      0.07           0.10           Beat
 Dec. 31 2023      0.38           0.44           Beat