Quorum Health (QHC) Posts Q1 Loss of $0.99/Share

Quorum Health (NYSE: QHC) reported Q1 EPS of ($0.99), which may not compare to the analyst estimate of ($0.49). Revenue for the quarter came in at $527.6 million versus the consensus estimate of $562 million.

The net loss for the three months ended March 31, 2017 was negatively impacted by a $3.5 million decrease resulting from the two hospitals divested in December 2016, an $8.3 million decrease, net of provider taxes, related to the California HQAF program and $3.3 million of impairment charges related to the hospitals reclassified as held for sale in the 2017 period.

For earnings history and earnings-related data on Quorum Health (QHC) click here.

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