Health Management Associates, Inc. (HMA: Quote) 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.
Click here to receive FREE breaking news email alerts for Health Management Assoc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: email@example.com