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Earnings News

AmSurg Corp. Q3 Profit Rises 22%

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

AmSurg Corp. (AMSG) released earnings for its third quarter that rose from last year.

The company said its bottom line totaled $64.94 million, or $1.13 per share. This was up from $53.05 million, or $1.03 per share, in last year's third quarter.

Analysts had expected the company to earn $1.13 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 35.9% to $968.82 million. This was up from $712.72 million last year.

AmSurg Corp. earnings at a glance:

-Earnings (Q3): $64.94 Mln. vs. $53.05 Mln. last year.
-Earnings Growth (Y-o-Y): 22.4%
-EPS (Q3): $1.13 vs. $1.03 last year.
-EPS Growth (Y-o-Y): 9.7%
-Analysts Estimate: $1.13
-Revenue (Q3): $968.82 Mln vs. $712.72 Mln last year.
-Revenue Change (Y-o-Y): 35.9%

-Guidance:
Next quarter EPS guidance: $1.23 - $1.28
Full year EPS guidance: $4.28 - $4.33
Full year revenue guidance: $3.15 - $3.17 Bln

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