Vanguard Health Systems Earnings: Everything You Must Know Now
Vanguard Health Systems, Inc. (NYSE:VHS) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Vanguard Health Systems, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share decreased 21.74% to $0.18 in the quarter versus EPS of $0.23 in the year-earlier quarter.
Revenue: Rose 4.28% to $1.52 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Vanguard Health Systems, Inc. reported adjusted EPS income of $0.18 per share. By that measure, the company missed the mean analyst estimate of $0.18. It beat the average revenue estimate of $1.51 billion.
Key Stats (on next page)…
Revenue increased 1.26% from $1.5 billion in the previous quarter. EPS decreased 30.77% from $0.26 in the previous quarter.
Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.15 to a profit $0.16. For the current year, the average estimate is a profit of $0.78, which is the same with that ninety days ago.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)