Medical services provider MEDNAX, Inc. (MD) Thursday reported net income of $55.36 million or $1.10 for the first quarter, up from $48.35 million or $0.98 per share last year citing strong revenue growth, primarily from recent acquisitions. Earnings per share were higher than Street estimates. The firm further provided outlook for the second quarter.
Fifteen analysts on average polled by Thomson Reuters estimated earnings per share of $1.09 for the period. Analysts estimates typically exclude one-time items.
The company clocked net patient service revenue of $502.71 million, up from $422.61 million last year. Analysts were looking for higher revenue of $504.17 million for the period.
Looking forward, the company sees second quarter earnings per share in the range of $1.32 to $1.37. Currently analysts are looking for earnings per share of $1.39 for the coming quarter.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.