logo
Plus   Neg
Share
Email

Health Management Associates Q1 Profit Falls

Health Management Associates, Inc. (HMA) reported first-quarter net income attributable to the company of $37.7 million or $0.15 per share, down from $55.5 million or $0.22 per share last year

On average, 8 analysts polled by Thomson Reuters expected earnings of $0.23 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues before provision for doubtful accounts in the quarter rose to $1.7 billion from $1.4 billion a year ago.

Analysts expected revenues of $1.64 billion for the quarter.

Looking ahead, the company affirmed its full -year 2012 earnings guidance to be between $0.80 and $0.90 per share

Analysts currently expect earnings of $0.86 per share for the full year 2012.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Carlos Torres Vila, CEO of the Spanish bank Banco Bilbao Vizcaya Argentaria SA or BBVA , warned that blockchain technology is not mature and faces significant challenges, el Economista reported. However, he believes the advantages of blockchain technology are so important to their business. Down the line, GE has transformed from a too-big-to-fail conglomerate to a too-big-for-success albatross. The company has admitted to being too-much focused on EPS and operating profit, and not paying enough attention to cash. However, GE is certainly learning lessons from its past and refocusing its strategies to stage a comeback to its Camelot days, the key catalysts being... Industrial conglomerate General Electric Co., one of the original components of the Dow Jones Industrial Average, has been replaced by Walgreens Boots Alliance Inc. in the blue-chip index. The change comes into effect prior to the open of trading on Tuesday, June 26. The 122-year-old Dow Jones Industrial Average, or simply the Dow, is a stock market index with 30 component companies.
Follow RTT