Surgical Care Affiliates, Inc. Announces Second Quarter 2016 Results

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Jefferies Raises Price Target on Surgical Care (SCAI) to $49 Following 2Q

August 3, 2016 10:19 AM EDT

Jefferies reiterated a Hold rating on Surgical Care Affiliates (NASDAQ: SCAI), and raised the price target to $49.00 (from $45.00), following the company's 2Q earnings report.

Analyst Brian Tanquilut commented, "We have a positive view on SCAI's fundamentals and believe that the company's... More

Surgical Care (SCAI) Reports In-Line Q2 EPS

August 2, 2016 8:05 AM EDT

Surgical Care (NASDAQ: SCAI) reported Q2 EPS of $0.47, in-line with the analyst estimate of $0.47. Revenue for the quarter came in at $299.9 million versus the consensus estimate of $289.67 million.

Full Year 2016 Guidance

For 2016, the Company reiterates the guidance it initially provided in January 2016.... More