Mednax Earnings Preview: Get Ahead of the Analysts

Mednax (NYSE:MD) will report earnings before markets open on Thursday, May 2nd. MEDNAX, Inc., through a subsidiary, provides physician management services to hospital-based neonatal, maternal – fetal, pediatric cardiology, and pediatric intensive care specialties. The Company also manages anesthesia practices.

Here is your Cheat Sheet to Mednax Earnings:

Earnings Expectations: Analysts expect earnings of $1.09 per share on revenues of $503.78 million. Currently, the company’s P/E ratio stands at 18.03.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.46 to a profit $1.39. For the current year, the average estimate is a profit of $5.46, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Mednax has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 1,068 1,288 1,402 1,588 1,817
Diluted EPS ($) 3.59 3.78 4.26 4.47 4.85

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 404.90 422.62 449.53 473.13 471.33
Diluted EPS ($) 1.188 0.98 1.22 1.32 1.321

Past Performance:
Mednax has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

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