Surgery Partners, Inc. (NASDAQ:SGRY) operator of surgical facilities, is expected to report third quarter earnings results, before market open, on Wednesday 4th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.38 per share.
Looking ahead, the full year loss are expected at $ 1.14 per share on the revenues of $ 1824.50 million.
Previous Quarter Performance
Surgery Partners, Inc. reported loss for the second quarter of $ 0.48 per share, from the revenue of $ 374.70 million. The quarterly revenues down 15.87 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.69 per share from $ 342.07 million in revenue. The bottom line results beat street analysts by $ 0.21 or 30.43 percent, at the same time, top line results outshined analysts by $ 32.63 million or 9.54 percent.
Stock Performance
Shares of Surgery Partners, Inc. traded up $ 1.09 or 4.70 percent on Tuesday, reaching $ 24.29 with volume of 800.00 thousand shares. Surgery Partners, Inc. has traded high as $ 24.89 and has cracked $ 23.58 on the downward trend
According to the previous trading day, closing price of $ 24.29, representing a 480.00 % increase from the 52 week low of $ 4.00 and a 7.2 % decrease over the 52 week high of $ 25.00.
The company has a market capital of $ 1.24 billion and is part of the Healthcare sector and Medical Care industry.
Recent Analyst recommendations
- On 17th September 2020, maintained by Benchmark at Buy rating, with $ 28.00 target price.
Conference Call
Surgery Partners, Inc. will be hosting a conference call at 8:30 AM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.surgerypartners.com
Surgery Partners, Inc., through its subsidiaries, owns and operates a network of surgical facilities and related services in the United States. The company operates through three segments: Surgical Facility Services, Ancillary Services, and Optical Services. Its surgical facilities comprise ambulatory surgery centers and surgical hospitals that offer non-emergency surgical procedures in various specialties, including gastroenterology, general surgery, ophthalmology, orthopedics, and pain management.
