Health Care Facilities

Universal Health Services (NYSE: UHS) Reports EPS of $1.15 vs. $0.94 Estimate; Revenues $1.91B vs. $1.9B Estimate

Peet's Coffee & Tea Inc (NASDAQ: PEET) was downgraded by Robert W. Baird from "outperform" to "neutral." PEET's shares closed at $47.45 yesterday. PEET's trailing-twelve-month profit margin is 5.24%. Ticonderoga downgraded Encana Corporation (NYSE: ECA) from “neutral” to “sell.” ECA's stock...

Health Management Associates Inc. (NYSE: HMA) reported Q1:11 adjusted EPS from continuing operations of $0.22, “$0.01 above our estimate and Street consensus of $0.21,” Oppenheimer reports. “Helping drive the top line was the $650M of annualized revenues acquired since late '09,” Oppenheimer...

Jefferies is out with its report today on Health Mgt. Assoc. (NYSE: HMA), maintaining Buy. In a note to clients, Jefferies writes, "Despite posting a $0.01 Q1 earnings beat, HMA's stock will likely be under pressure today given the degree of volume weakness the company experienced during the...

After the close, Kindred Healthcare (NYSE: KND) reported adjusted 1Q11 EPS of $0.65 compared to JP Morgan's estimate of $0.42 excluding approximately $0.10 in expenses related to the pending RHB transaction. EBITDAR in the quarter was $171.3mm as revenue was $24.8mm above JPM's outlook and $7mm...

Jefferies is reiterating its Buy rating on shares of Kindred Healthcare Inc. (NYSE: KND). “KND delivered impressive Q1 results, as strong rate growth, improving volume trends and solid cost controls all converged to drive a $0.17 Q1 EPS beat,” Jefferies writes. “In our view, the company's success...

After the close, Health Management Associates (NYSE: HMA) reported 1Q at $0.22/share, $0.01 ahead of JP Morgan's/consensus outlook, while EBITDA was about 2% ahead of its view, this as better mix and margins offset the lower volumes. The volume metrics trailed JPM's outlook, while rev/adj admit at...

LCA-Vision (NASDAQ: LCAV), a leading provider of laser vision correction services under the LasikPlus brand, today announced financial and operational results for the three months ended March 31, 2011. Revenues were $32.3 million compared with $34.0 million; adjusted revenues were $31.0...

Citigroup has downgraded Community Health Systems (NYSE: CYH) from Buy to Hold and has lowered the price target from $38 to $33.

Health Management Associates (NYSE: HMA) Reports EPS of $0.22 vs. $0.21 Estimate; Revenues $1.43B vs. $1.46B Estimate

Zanett Inc (NASDAQ: ZANE) fell 28.95% to $0.8810 at 9:55 am. ZANE's trailing-twelve-month ROE is -27.09%. Avid Technology Inc (NASDAQ: AVID) shares moved down 14.59% to $18.21. AVID reported Q1 revenue at $166.3 million, versus $156.0 million, in the year-ago period. Arkansas Best Corporation (...

According to Jefferies, Community Health Sys (NYSE: CYH) was contacted by the DOJ on Friday regarding a False Claims Act lawsuit filed in 2009 and that should put additional pressure on CYH's stock today. Jefferies said that this comes just as THC's Board rejected CYH's latest all-cash $6 offer. “...

Morgan Keegan released a Healthcare Reimbursement Alert explaining the new proposed rehabilitation hospital Medicare rate for 2012. The Centers for Medicare & Medicaid Services “proposes an average 1.8% Medicare rate increase per discharge.” Rehab hospitals will also have to deal with new...

Morgan Keegan reports that its EPS estimate of $0.72 is the only published estimate and is up from $0.60 in the prior year period. “We continue to view the favorable RUG-IV Medicare rates as a driver to strong earnings growth in 2011 that could exceed our estimates,” Morgan Keegan writes. “...

Morgan Keegan is anticipating a $$0.31 EPS from Sun Healthcare Group Inc. (NASDAQ: SUNH) when it reports next week. “Our EPS estimate of $0.31 is $0.02 below the First Call consensus and down from $0.71 in the prior year period,” Morgan Keegan writes. “We do not view prior-year per-share...