LifePoint Hospitals, Inc. (LPNT) Misses Q3 EPS by 37c; Guides Below the Street
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LifePoint Hospitals, Inc. (NASDAQ: LPNT) reported Q3 EPS of $0.39, $0.37 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $820.2 million versus the consensus estimate of $814.52 million.
LifePoint Hospitals, Inc. sees FY2012 EPS of $2.97-3.10, versus the consensus of $3.37. LifePoint Hospitals, Inc. sees FY2012 revenue of $3.35-3.4 billion, versus the consensus of $3.33 billion.
In commenting on the results, William F. Carpenter III, chairman and chief executive officer of LifePoint Hospitals, said, "This was a challenging quarter for LifePoint. Our financial results were adversely affected by specific costs associated with investments we made that are critical to future growth and by operational changes in our business. We remain focused on improving operating efficiencies in light of the current environment, advancing our strategy of delivering high quality care and service, expanding in existing markets and through acquisitions in faster growing markets, as well as developing talent. We are confident our plan will deliver results and continue to generate value for our stockholders."
Shares were halted ahead of the results.
For earnings history and earnings-related data on LifePoint Hospitals, Inc. (LPNT) click here.
LifePoint Hospitals, Inc. sees FY2012 EPS of $2.97-3.10, versus the consensus of $3.37. LifePoint Hospitals, Inc. sees FY2012 revenue of $3.35-3.4 billion, versus the consensus of $3.33 billion.
In commenting on the results, William F. Carpenter III, chairman and chief executive officer of LifePoint Hospitals, said, "This was a challenging quarter for LifePoint. Our financial results were adversely affected by specific costs associated with investments we made that are critical to future growth and by operational changes in our business. We remain focused on improving operating efficiencies in light of the current environment, advancing our strategy of delivering high quality care and service, expanding in existing markets and through acquisitions in faster growing markets, as well as developing talent. We are confident our plan will deliver results and continue to generate value for our stockholders."
Shares were halted ahead of the results.
For earnings history and earnings-related data on LifePoint Hospitals, Inc. (LPNT) click here.
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