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Stock impact report

Pediatrix Medical Group, Inc. (MD) Up 11% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

Pediatrix Medical Group, Inc. (MD) 
Last pediatrix medical group, inc. earnings: 2/20 06:00 am Check Earnings Report
US:NYSE Investor Relations: mednax.com/investors
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is Pediatrix Medical Group, Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Pediatrix's Q4 Earnings Miss Due to Soft Patient Volumes Pediatrix Medical reported a fourth-quarter 2023 adjusted earnings per share (EPS) of 32 cents, which matched the Zacks Consensus Estimate. The bottom line plunged 31.9% year over year. Net revenues of $496.4 million slipped 3.4% year over year due to the impact of non-same-unit activity and lower same-unit revenues. The top line missed the consensus mark by 4.9%. The quarterly results suffered a blow due to a decline in patient volumes, an elevated expense level and the adverse impact of an aggregate non-cash impairment loss related to goodwill and other assets. Nevertheless, the downside was partly Show less Read more
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