Vanguard Health Systems Earnings: Here’s Why the Stock is Down Now
Vanguard Health Systems, Inc. (NYSE:VHS) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 0.14%.
Vanguard Health Systems, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 3.7% to $0.26 in the quarter versus EPS of $0.27 in the year-earlier quarter.
Revenue: Decreased 5.33% to $1.5 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Vanguard Health Systems, Inc. reported adjusted EPS income of $0.26 per share. By that measure, the company beat the mean analyst estimate of $0.24. It missed the average revenue estimate of $1.58 billion.
Quoting Management: There was no comment from the management.
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