Adeptus Health (ADPT) Tops Q1 EPS by 8c, FY15 Guidance Tops Views
Get Alerts ADPT Hot Sheet
Financial Fact:
Selling, marketing and administrative: 9.3M
Today's EPS Names:
MAXN, CSTR, ACU, More
Join SI Premium – FREE
Adeptus Health (NYSE: ADPT) reported Q1 EPS of $0.16, $0.08 better than the analyst estimate of $0.08. Revenue for the quarter came in at $81.5 million versus the consensus estimate of $77.76 million.
Adeptus Health sees FY2015 EPS of $0.82-$0.91, versus the consensus of $0.56.
Based on our strong performance in the first quarter of 2015 and full year growth plans which include 24 freestanding facilities and two new hospitals, we are raising guidance. We expect to generate systemwide net patient services revenue, which includes revenue from our unconsolidated joint venture, of $388.0 million to $393.0 million for the full year 2015. We expect Adjusted EBITDA of $59.0 million to $61.0 million and Adjusted earnings per share of $0.82 to $0.91 for 2015.
For earnings history and earnings-related data on Adeptus Health (ADPT) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- American Express (AXP) down despite beating Q1 estimates on top and bottom lines
- MetroCity Bankshares, Inc. (MCBS) Tops Q1 EPS by 4c
- American Express (AXP) Tops Q1 EPS by 38c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!