MEDNAX, Inc. (MD) reported fourth quarter net income of $50.40 million or $1.07 per share, compared to $38.99 million or $0.85 per share last year.
On a non-GAAP basis, the company posted net income of $46.96 million or $1.00 per share for the quarter.
On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.98 per share. Analysts' estimates typically exclude special items.
Net patient service revenues for the quarter were $333.29 million, up from $297.82 million in the previous year.
Eleven analysts had a consensus revenue estimate of $339.73 million.
Looking ahead, the company expects to earn 78 cents to 84 cents per share for the 2010 first quarter.
For comments and feedback: editorial@rttnews.com