Pediatrix Medical Group Q4 Adj. EPS $0.32 Misses Estimate Of $0.33, Sales $496.44M Miss $523.34M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pediatrix Medical Group (MD) reported Q4 adjusted earnings of $0.32 per share, missing the estimate of $0.33, and sales of $496.44M, missing the estimate of $523.34M. This represents a 31.91% decrease in earnings and a 3.39% decrease in sales compared to the same period last year.
February 20, 2024 | 11:04 am
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Pediatrix Medical Group (MD) reported lower than expected Q4 earnings and sales, with a significant decrease compared to last year.
Missing both earnings and sales estimates, especially with a notable year-over-year decrease, typically leads to negative investor sentiment and could result in a short-term decline in stock price.
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