20.02.2014 23:35:47

IPC The Hospitalist Q4 Profit Up - Quick Facts

(RTTNews) - IPC The Hospitalist Company, Inc. (IPCM) Thursday reported fourth-quarter profit of $9.5 million or $0.54 per share, up from $8.45 million or $0.50 per share in the same period last year.

Adjusted earnings for the quarter were $9.7 million or $0.56 per share. On average, 16 analysts polled by Thomson Reuters expected the company to earn $0.57 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 17.5 percent to $161.6 million from $137.6 million last year. Analysts expected revenues of $158.66 million.

Looking ahead to the fiscal 2014, the company has forecast earnings in the order of $2.41 to $2.51 per share, with revenues ranging between $720 million and $732 million.

Analysts currently expect the company to report full-year earnings of $2.53 per share on revenues of $700.82 million.

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