ExamWorks Group Earnings: Everything You Must Know Now

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

ExamWorks Group, Inc. (NYSE:EXAM) had a loss and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

These stocks are hitting our Profit Targets. Click here now to discover winning stocks!

ExamWorks Group, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $-0.08 in the quarter versus EPS of $-0.15 in the year-earlier quarter.

Revenue: Rose 21.1% to $139.64 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: ExamWorks Group, Inc. reported adjusted EPS loss of $0.08 per share. By that measure, the company beat the mean analyst estimate of $-0.17. It beat the average revenue estimate of $135.77 million.

Quoting Management: James K. Price, Chief Executive Officer of ExamWorks, said: “During 2012, we continued to redefine the IME industry by raising customer expectations for quality and service. We are continuing our investment in developing cloud-based technology that keeps customer data safe and secure and better integrates our customers’ processes with ours, thereby increasing connectivity and efficiency. With $574 million and approximately $92 million of pro forma run rate revenue and EBITDA and growing, we will continue raising the bar as we solidify our reputation as the global IME industry leader.”

Key Stats (on next page)…

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business