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.

Lifepoint Hospitals Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 21.69% to $0.65 in the quarter versus EPS of $0.83 in the year-earlier quarter.

Revenue: Rose 30.03% to $1.08 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: Lifepoint Hospitals Inc. reported adjusted EPS income of $0.65 per share. By that measure, the company missed the mean analyst estimate of $0.71. It beat the average revenue estimate of $911.59 million.

Quoting Management: In commenting on the results, William F. Carpenter III, chairman and chief executive officer of LifePoint Hospitals, said, “We continue to position LifePoint to benefit from healthcare reform in a challenging operating environment. Our growth and quality initiatives drove sequential improvements in outpatient and inpatient volumes this quarter, while our M&A program allowed us to build out our networks in several key regions. As we look ahead to the remainder of 2013, our strong balance sheet and solid cash flow will provide us with the flexibility to keep investing in our business, pursuing strategic acquisitions and returning value to shareholders.”

Key Stats (on next page)…

Revenue increased 15.53% from $931.1 million in the previous quarter. EPS decreased 17.72% from $0.79 in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.66 and has not changed. For the current year, the average estimate has moved down from a profit of $2.96 to a profit of $2.95 over the last ninety days.

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

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