MEDNAX (MD) Misses Q3 EPS by 2c, Guides Q4 EPS Below the Street

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Go back to MEDNAX (MD) Misses Q3 EPS by 2c, Guides Q4 EPS Below the Street

MEDNAX Reports Third Quarter GAAP EPS of $1.04; Adjusted EPS of $1.09

October 27, 2016 6:01 AM EDT

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- MEDNAX, Inc. (NYSE: MD), the national medical group specializing in neonatal and other pediatric services, anesthesia, maternal-fetal, radiology, pediatric cardiology and other physician and management services, today reported earnings of $1.04 per diluted share for the three months ended September 30, 2016. On a non-GAAP basis, MEDNAX reported Adjusted EPS of $1.09. On a GAAP basis, earnings for the quarter included $0.11 per share related to the favorable settlement of a tax matter.

For the 2016 third quarter compared to the prior year period, MEDNAX reported:

Revenue growth of 14.6 percent to $828 million;... More