Pediatrix Medical Group: Fourth Quarter Financial Overview
Pediatrix Medical Group Announces Fourth-Quarter Financial Results
Pediatrix Medical Group, headquartered in Sunrise, Florida, disclosed its financial performance for the fourth quarter on Thursday, reporting a net income of $33.7 million.
The company’s earnings translated to $0.40 per share. After accounting for non-recurring items, adjusted earnings stood at $0.50 per share.
These adjusted earnings did not meet analysts’ expectations, as a consensus of five analysts polled by Zacks Investment Research had projected $0.53 per share.
During the same period, the physician group generated $493.8 million in revenue, surpassing the $491.5 million anticipated by analysts surveyed by Zacks.
For the full year, Pediatrix Medical Group reported a total profit of $165.4 million, or $1.94 per share, with annual revenue reaching $1.91 billion.
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