MedCath Corp First Quarter Earnings Sneak Peek

MedCath Corporation (NASDAQ:MDTH) will unveil its latest earnings on Friday, August 10, 2012. MedCath is a healthcare provider and is focused primarily on providing high acuity services, including the diagnosis and treatment of cardiovascular disease.

MedCath Corporation Earnings Preview Cheat Sheet

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Wall St. Revenue Expectations: On average, analysts predict $81.3 million in revenue this quarter, a decline of 26.4% from the year-ago quarter. Analysts are forecasting total revenue of $359 million for the year, a decline of 18.9% from last year’s revenue of $442.5 million.

Stock Price Performance: Between June 8, 2012 and August 6, 2012, the stock price had fallen 36 cents (-4.5%), from $8.04 to $7.68. It saw one of its worst periods between February 29, 2012 and March 8, 2012 when shares fell for seven straight days, dropping 3.1% (-24 cents) over that span. The stock price saw one of its best stretches over the last year between February 7, 2012 and February 14, 2012, when shares rose for six straight days, increasing 6.8% (+50 cents) over that span.

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

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