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.
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 $5.46, which is worse than the estimate ninety days ago.
Here’s how Mednax has been performing on an annual basis:
|Revenue ($) 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|
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)