Mednax Q1 Profit Rises - Quick Facts

(RTTNews) - Mednax, Inc. (MD) reported first-quarter earnings of $64 million, or $0.63 per share in the first quarter 2014, compared with last year's $55.37 million, or $0.55 per share. On average, 16 analysts polled by Thomson Reuters expected earnings per share of $0.63 for the quarter. Analysts' estimates typically exclude one-time items.

Driven mainly by the contributions from acquisitions completed since January 2013, net patient service revenue increased year-on-year to $566.34 million, from $502.72 million, while 14 analysts estimated revenues of $575.05 million for the quarter. Also, the company reported an operating income growth of 13.7 percent to $104 million for the quarter.