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Healthcare Earnings to Watch on Feb 23: ACHC, SEM & More
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We are in the tail end of the Q4 reporting cycle, which is on track to witness the highest growth momentum in the last two years. As of Feb 17, 2017, 411 S&P 500 members, accounting for 88.4% of the index’s total market capitalization, have reported results, according to the latest Earnings Preview.
Their performance points to total earnings growth of 8% on 4.9% higher revenues. The beat ratio is strong with 68.9% companies surpassing bottom-line expectations and 54.7% outperforming on the top line.
Meanwhile, the earnings growth momentum is expected to ramp up in the future quarters. As per our report, total earnings for the S&P 500 companies will grow 7.4% year over year on 3.9% higher revenues. Notably, estimates for the current period (1Q17) are also looking up.
Healthcare, under the Medical umbrella, is one of the seven sectors in the S&P 500 group. So far, 83.3% of the total Medical sector companies have reported fourth-quarter results. The beat ratio is strong with 80.0% companies surpassing bottom-line expectations and 53.3% outperforming on the revenue front.
Here we take a sneak peek at two healthcare stocks scheduled to report fourth-quarter figures on Feb 23:
Acadia Healthcare Company, Inc. (ACHC - Free Report) provides inpatient behavioral health care services. It provides psychiatric and chemical dependency services, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. Acadia Healthcare Company, Inc. is headquartered in Franklin, TN.
Last quarter, Acadia Healthcare missed the Zacks Consensus Estimate by 1.69%. This time again, the company is unlikely to come up with a beat.
Acadia Healthcare has an Earnings ESP of 0.00% as the Most Accurate estimate of 55 is in line with the Zacks Consensus Estimate. Though the company has a Zacks Rank #3 (Hold), the Earnings ESP of 0.00% makes our surprise prediction difficult. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
With respect to the surprise trend, Acadia Healthcare missed expectations in two of the last four quarters, with an average miss of 0.03%.
Acadia Healthcare Company, Inc. Price and EPS Surprise
Select Medical Holdings Corporation (SEM - Free Report) , through its subsidiaries, operates specialty hospitals and outpatient rehabilitation clinics. The company's Specialty Hospital segment offers long-term acute care hospital services and inpatient acute rehabilitative hospital care services. Its Outpatient Rehabilitation segment operates clinics and provides physical, occupational, and speech rehabilitation services.
Last quarter, Select Medical Holdings beat the Zacks Consensus Estimate by 64.71%. This time again, the company is unlikely to come up with a beat. Select Medical Holdings an Earnings ESP of -10.00% as the Most Accurate estimate of 9 cents per share is lower than the Zacks Consensus Estimate of 10 cents. Further, the company has a Zacks Rank #5 (Strong Sell). We caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
With respect to the surprise trend, Select Medical missed expectations in two of the last four quarters, with an average miss of 14.84%.
Select Medical Holdings Corporation Price and EPS Surprise
Air Methods Corporation provides air medical emergency transport services and systems throughout North America. The Air Medical Service Division offers their clients helicopters and airplanes equipped with medical interiors for flights from the scene of an accident or general hospital to a trauma center.
Last quarter, Air Methods missed the Zacks Consensus Estimate by 19.61%. This time again, the company is unlikely to come up with a beat. Air Methods has an Earnings ESP of 0.00% as the Most Accurate estimate of 61 cents per share is in line with the Zacks Consensus Estimate. Further, the company has a Zacks Rank #4 (Sell).
With respect to the surprise trend, Air Methods surpassed expectations in two of the last four quarters, but the average is an earnings miss of 1.42%.
Tivity Health, Inc. is one of the nation's largest providers of outpatient surgery and rehabilitative healthcare services. The company provides these services through its national network of inpatient and outpatient healthcare facilities, including inpatient and outpatient rehabilitation facilities, outpatient surgery centers, diagnostic centers, occupational medicine centers, medical centers and other healthcare facilities.
Last quarter, Tivity Health missed the Zacks Consensus Estimate by 43.4%. This time, however, the company is likely to come up with a beat. Tivity Health has an Earnings ESP of +12.5% as the Most Accurate estimate of 36 cents per share is higher than the Zacks Consensus Estimate of 32 cents. Further, the company has a Zacks Rank #3, which supports our positive earnings prediction. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
With respect to the surprise trend, Tivity Health surpassed expectations in two of the last four quarters, with an average beat of 1251.65%.
While the above ideas are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >>
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Healthcare Earnings to Watch on Feb 23: ACHC, SEM & More
We are in the tail end of the Q4 reporting cycle, which is on track to witness the highest growth momentum in the last two years. As of Feb 17, 2017, 411 S&P 500 members, accounting for 88.4% of the index’s total market capitalization, have reported results, according to the latest Earnings Preview.
Their performance points to total earnings growth of 8% on 4.9% higher revenues. The beat ratio is strong with 68.9% companies surpassing bottom-line expectations and 54.7% outperforming on the top line.
Meanwhile, the earnings growth momentum is expected to ramp up in the future quarters. As per our report, total earnings for the S&P 500 companies will grow 7.4% year over year on 3.9% higher revenues. Notably, estimates for the current period (1Q17) are also looking up.
Healthcare, under the Medical umbrella, is one of the seven sectors in the S&P 500 group. So far, 83.3% of the total Medical sector companies have reported fourth-quarter results. The beat ratio is strong with 80.0% companies surpassing bottom-line expectations and 53.3% outperforming on the revenue front.
Here we take a sneak peek at two healthcare stocks scheduled to report fourth-quarter figures on Feb 23:
Acadia Healthcare Company, Inc. (ACHC - Free Report) provides inpatient behavioral health care services. It provides psychiatric and chemical dependency services, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. Acadia Healthcare Company, Inc. is headquartered in Franklin, TN.
Last quarter, Acadia Healthcare missed the Zacks Consensus Estimate by 1.69%. This time again, the company is unlikely to come up with a beat.
Acadia Healthcare has an Earnings ESP of 0.00% as the Most Accurate estimate of 55 is in line with the Zacks Consensus Estimate. Though the company has a Zacks Rank #3 (Hold), the Earnings ESP of 0.00% makes our surprise prediction difficult. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
With respect to the surprise trend, Acadia Healthcare missed expectations in two of the last four quarters, with an average miss of 0.03%.
Acadia Healthcare Company, Inc. Price and EPS Surprise
Acadia Healthcare Company, Inc. Price and EPS Surprise | Acadia Healthcare Company, Inc. Quote
Select Medical Holdings Corporation (SEM - Free Report) , through its subsidiaries, operates specialty hospitals and outpatient rehabilitation clinics. The company's Specialty Hospital segment offers long-term acute care hospital services and inpatient acute rehabilitative hospital care services. Its Outpatient Rehabilitation segment operates clinics and provides physical, occupational, and speech rehabilitation services.
Last quarter, Select Medical Holdings beat the Zacks Consensus Estimate by 64.71%. This time again, the company is unlikely to come up with a beat. Select Medical Holdings an Earnings ESP of -10.00% as the Most Accurate estimate of 9 cents per share is lower than the Zacks Consensus Estimate of 10 cents. Further, the company has a Zacks Rank #5 (Strong Sell). We caution against Sell-rated stocks (#4 or 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
With respect to the surprise trend, Select Medical missed expectations in two of the last four quarters, with an average miss of 14.84%.
Select Medical Holdings Corporation Price and EPS Surprise
Select Medical Holdings Corporation Price and EPS Surprise | Select Medical Holdings Corporation Quote
Air Methods Corporation provides air medical emergency transport services and systems throughout North America. The Air Medical Service Division offers their clients helicopters and airplanes equipped with medical interiors for flights from the scene of an accident or general hospital to a trauma center.
Last quarter, Air Methods missed the Zacks Consensus Estimate by 19.61%. This time again, the company is unlikely to come up with a beat. Air Methods has an Earnings ESP of 0.00% as the Most Accurate estimate of 61 cents per share is in line with the Zacks Consensus Estimate. Further, the company has a Zacks Rank #4 (Sell).
With respect to the surprise trend, Air Methods surpassed expectations in two of the last four quarters, but the average is an earnings miss of 1.42%.
Air Methods Corporation Price and EPS Surprise
Air Methods Corporation Price and EPS Surprise | Air Methods Corporation Quote
Tivity Health, Inc. is one of the nation's largest providers of outpatient surgery and rehabilitative healthcare services. The company provides these services through its national network of inpatient and outpatient healthcare facilities, including inpatient and outpatient rehabilitation facilities, outpatient surgery centers, diagnostic centers, occupational medicine centers, medical centers and other healthcare facilities.
Last quarter, Tivity Health missed the Zacks Consensus Estimate by 43.4%. This time, however, the company is likely to come up with a beat. Tivity Health has an Earnings ESP of +12.5% as the Most Accurate estimate of 36 cents per share is higher than the Zacks Consensus Estimate of 32 cents. Further, the company has a Zacks Rank #3, which supports our positive earnings prediction. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
With respect to the surprise trend, Tivity Health surpassed expectations in two of the last four quarters, with an average beat of 1251.65%.
Tivity Health, Inc. Price and EPS Surprise
Tivity Health, Inc. Price and EPS Surprise | Tivity Health, Inc. Quote
Now See Our Private Investment Ideas
While the above ideas are being shared with the public, other trades are hidden from everyone but selected members. Would you like to peek behind the curtain and view them? Starting today, for the next month, you can follow all Zacks' private buys and sells in real time from value to momentum . . . from stocks under $10 to ETF and option moves . . . from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors. Click here for Zacks' secret trades >>