LifePoint Hospitals, Inc. (LPNT) Tops Q2 EPS by 29c; Raises Outlook
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LifePoint Hospitals, Inc. (NASDAQ: LPNT) reported Q2 EPS of $0.84, $0.29 better than the analyst estimate of $0.55. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.01 billion.
Increases Full-Year 2014 EBITDA Guidance to $605 Million to $620 Million, EPS to $2.99-$3.19 versus the consensus of $2.71 and revenues of $4.25 - $4.35 billion versus the consensus of $4.13 billion.
“We are pleased with our strong financial results for the second quarter and first half of 2014,” said William F. Carpenter III, chairman and chief executive officer of LifePoint Hospitals. “Our results reflect improving margins, enhancements to patient safety and quality of care, the strength of our recent acquisitions, and our successful efforts to capture the benefits of expanded coverage under healthcare reform. As a result of these factors, we are raising our guidance for the remainder of the year. I want to thank our physician leaders and the thousands of LifePoint employees who work hard every day to make our ongoing success possible.”
For earnings history and earnings-related data on LifePoint Hospitals, Inc. (LPNT) click here.
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