Team Health Holdings, Inc. Announces First Quarter 2016 Financial Results

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UBS Raises Price Target on TeamHealth Holdings (TMH) as Turnaround Progresses Through 1Q

May 11, 2016 9:46 AM EDT

UBS reiterated a Neutral rating on TeamHealth Holdings (NYSE: TMH), and raised the price target to $47.00 (from $40.00), following the company's 1Q earnings report. The company's turnaround continues to progress. TMH expects EBITDA to improve each quarter in 2016, including in the seasonally weaker... More

TeamHealth Holdings (TMH) Tops Q1 EPS by 4c

May 9, 2016 4:14 PM EDT

TeamHealth Holdings (NYSE: TMH) reported Q1 EPS of $0.62, $0.04 better than the analyst estimate of $0.58. Revenue for the quarter came in at $1.14 billion versus the consensus estimate of $1.11 billion.

"We are pleased with our financial results in the first quarter with double digit growth in both net revenue and Adjusted EBITDA and a significant improvement in operating cash flow. We benefited from solid performance in our core operations in addition to benefiting from the growth associated with the IPC transaction," said... More