Health Management Associates Inc. Fourth Quarter Earnings Sneak Peek

Health Management Associates, Inc. (NYSE:HMA) will unveil its latest earnings on Monday, February 13, 2012. Health Management Associates and its subsidiaries provide health care services to patients in owned and leased facilities located mainly in non-urban communities in the southeastern and southwestern United States.

Health Management Associates, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 21 cents per share, a rise of 31.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 20 cents. Between one and three months ago, the average estimate moved down. It has risen from 19 cents during the last month. For the year, analysts are projecting profit of 80 cents per share, a rise of 23.1% from last year.

Past Earnings Performance: The company’s quarterly results have come in above estimates for the last three quarters. Last quarter, the company booked net income of 19 cents per share versus a mean estimate of profit of 17 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 17% in revenue from the year-earlier quarter to $1.58 billion.

Analyst Ratings: Analysts are bullish on this stock with 13 analysts rating it as a buy, none rating it as a sell and seven rating it as a hold.

A Look Back: In the third quarter, profit rose 23.9% to $43.7 million (17 cents a share) from $35.3 million (14 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 10.2% to $1.4 billion from $1.27 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 22.6% in the second quarter and 18.3% in the first quarter.

Revenue has risen the past four quarters. Revenue rose 11.8% in the second quarter from the year earlier, climbed 11.6% in the first quarter from the year-ago quarter and 9.4% in the fourth quarter of the last fiscal year.

Stock Price Performance: During November 9, 2011 to February 7, 2012, the stock price had fallen $1.85 (-21%) from $8.80 to $6.95. The stock price saw one of its best stretches over the last year between January 17, 2012 and January 25, 2012 when shares rose for seven-straight days, rising 15.7% (+91 cents) over that span. It saw one of its worst periods between November 11, 2011 and November 25, 2011 when shares fell for 10-straight days, falling 18.4% (-$1.68) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com