Lifepoint Hospitals Earnings: Everything You Must Know Now

Lifepoint Hospitals Inc. (NASDAQ:LPNT) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Lifepoint Hospitals Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 15.96% to $0.79 in the quarter versus EPS of $0.94 in the year-earlier quarter.

Revenue: Rose 29.26% to $1.1 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Lifepoint Hospitals Inc. reported adjusted EPS income of $0.79 per share. By that measure, the company missed the mean analyst estimate of $0.81. It beat the average revenue estimate of $924.01 million.

Quoting Management: William F. Carpenter III, chairman and chief executive officer of LifePoint Hospitals, said, “While experiencing soft volumes, we effectively controlled costs and cash flow from operations was strong in the quarter. We are executing the right strategies, which address both current market conditions and position us for healthcare reform, with a focus on expanding existing market share and growing through acquisitions.”

Key Stats (on next page)…

Revenue decreased 48.65% from $2.14 billion in the previous quarter. EPS increased 2.6% from $0.77 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.81 to a profit $0.72. For the current year, the average estimate has moved down from a profit of $3.27 to a profit of $2.99 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)

More Articles About:   , , ,  

More from The Cheat Sheet