KeyCorp increases Surgery Partners’ yearly EPS estimate: 5 things to know

Cleveland, Ohio-based KeyCorp raised its fiscal year 2016 earnings-per-share estimate for Nashville, Tenn.-based Surgery Partners’ shares, according to The Cerbat Gem.

Advertisement

Here are five things to know:

1. The firm expects Surgery Partners to report EPS of $0.68 for FY 2016.

2. KeyCorp estimates that Surgery Partners will report $0.21 EPS for the fourth quarter of FY 2016.

3. For FY 2017, KeyCorp expects Surgery Partners’ EPS to total $0.93.

4. On Nov. 15, Zacks lowered Surgery Partners’ rating from a “buy” to a “hold.”

5. Surgery Partners’ market cap. is $764.7 million.

More articles on surgery centers:
SCA partners with Surgical Center of Connecticut: 5 points
Monterey Peninsula Surgery Centers opens Minimus Institute — 4 things to know
SCA forms partnership with River Valley Ambulatory Surgery Center — 4 things to know

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Transactions & Valuation Issues

Advertisement

Comments are closed.