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Surgery Partners: 1Q Earnings Snapshot

BRENTWOOD, Tenn. (AP) _ Surgery Partners Inc. (SGRY) on Wednesday reported a loss of $20.1 million in its first quarter.

The Brentwood, Tennessee-based company said it had a loss of 60 cents per share. Losses, adjusted for non-recurring costs and stock option expense, came to 42 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 30 cents per share.

The surgical facilities operator posted revenue of $416.8 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $415.8 million.

Surgery Partners shares have increased 12% since the beginning of the year. The stock has fallen 36% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGRY at https://www.zacks.com/ap/SGRY