HMA Retained At Neutral
We reiterate our Neutral rating on Health Management Associates (NYSE:HMA). Its first-quarter 2012 earnings per share of 24 cents beat the Zacks Consensus Estimate of 22 cents. Net income from continuing operations dropped 29.4% year over year to $39.1 million. Consolidated net income dropped 32.1% to $37.7 million (or 15 cents per share). Revenues (prior [...]
We reiterate our Neutral rating on Health Management Associates (NYSE:HMA). Its first-quarter 2012 earnings per share of 24 cents beat the Zacks Consensus Estimate of 22 cents. Net income from continuing operations dropped 29.4% year over year to $39.1 million. Consolidated net income dropped 32.1% to $37.7 million (or 15 cents per share).
Revenues (prior to provisioning for doubtful clients) increased 18.2% year over year to $1,686.5 million, beating the Zacks Consensus Estimate of $1,618 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards