UPDATE: Surgery Partners, Inc. (SGRY) Beat Q3 EPS by 3c
Surgery Partners, Inc. (NASDAQ: SGRY) reported Q3 EPS of $0.04, $0.03 better than the analyst estimate of $0.01. Revenue for the quarter came in at $239.6 million versus the consensus estimate of $234.58 million.
"During the third quarter, we expanded our employed physician practice network through the completion of nine in-market practice transactions, including two denovos. For the year, we have completed 13 in-market practice transactions, including two denovos. In addition, during the third quarter, we completed the acquisition of an anesthesia practice in an existing surgical facility market. Our year to date acquisitions include one surgical facility in a new market, along with one surgical facility and two anesthesia practices in existing surgical facility markets. Our pipeline is stronger than it has ever been with numerous opportunities to further expand our surgical and ancillary services. As of September 30, 2015, the Company owned or operated 99 surgical facilities primarily in partnership with physicians and, on a select basis, physicians and health systems, in addition to a network of 43 physician practices.”
For earnings history and earnings-related data on Surgery Partners, Inc. (SGRY) click here.