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MedCath Corp Earnings Cheat Sheet: Swing to a Profit

December 15 2011 Tweet Email This

MedCath Corporation (NASDAQ:MDTH) climbed to a profit in the fourth quarter, but still came up short of analyst expectations. MedCath is a healthcare provider and is focused primarily on providing high acuity services, including the diagnosis and treatment of cardiovascular disease.

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MedCath Earnings Cheat Sheet for the Fourth Quarter

Results: Reported a GAAP profit of $30.8 million ($1.52 per diluted share) in the quarter. MedCath Corporation had a net loss of $21.7 million or a loss $1.09 per share in the year earlier quarter.

Revenue: Rose to $42.5 million from the year earlier quarter.

Actual vs. Wall St. Expectations: MDTH reported an adjusted net loss of 33 cents per share. The mean estimate was 6 cents per share.

Looking Forward: The average estimate for the fiscal year has remained at 18 cents per share.

Competitors to Watch: Universal Health Services, Inc. (NYSE:UHS), Community Health Systems (NYSE:CYH), Tenet Healthcare Corp. (NYSE:THC), Health Management Associates, Inc. (NYSE:HMA), SunLink Health Systems, Inc. (AMEX:SSY), LifePoint Hospitals, Inc. (NASDAQ:LPNT), Dynacq Healthcare, Inc. (NASDAQ:DYII), Select Medical Hldgs. Corp. (NYSE:SEM), HCA Holdings Inc (NYSE:HCA), and RehabCare Group, Inc. (NYSE:RHB).

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(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)

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