MedCath Corporation climbed to a profit in the fourth quarter, but still came up short of analyst expectations. MedCath is a healthcare provider and is focused primarily on providing high acuity services, including the diagnosis and treatment of cardiovascular disease.
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MedCath Earnings Cheat Sheet for the Fourth Quarter
Results: Reported a GAAP profit of $30.8 million ($1.52 per diluted share) in the quarter. MedCath Corporation had a net loss of $21.7 million or a loss $1.09 per share in the year earlier quarter.
Revenue: Rose to $42.5 million from the year earlier quarter.
Actual vs. Wall St. Expectations: MDTH reported an adjusted net loss of 33 cents per share. The mean estimate was 6 cents per share.
Looking Forward: The average estimate for the fiscal year has remained at 18 cents per share.
Competitors to Watch: Universal Health Services, Inc. , Community Health Systems , Tenet Healthcare Corp. , Health Management Associates, Inc. , SunLink Health Systems, Inc. , LifePoint Hospitals, Inc. , Dynacq Healthcare, Inc. , Select Medical Hldgs. Corp. , HCA Holdings Inc , and RehabCare Group, Inc. .
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(Company fundamentals provided by Xignite Financials. Earnings estimates provided by Zacks)
