Having beaten analysts' expectations in each of the last five quarters, Health Management Associates (NYSE:HMA) will announce on Monday whether the streak is alive or snapped.
Analysts currently expect Health Management Associates to come in with earnings of 21 cents per share on revenues of $1.62 billion. Estimates from analysts range from 19 cents per share to 24 cents per share. Over the past three months, the average estimate has moved up from 20 cents.
Recently, the stock price has been rising Since June 4, 2012 business days the stock has risen $1.77 per share.
Company Fundamental Trends
Analysts are bullish on the stock as 11 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 32.1% to $37.7 million (15 cents a share) from $55.5 million (22 cents a share) the year earlier, but exceeded analyst expectations. Revenue rose 3.6% to $1.49 billion from $1.43 billion.
Reporting Period: 2Q
Date of Release: Monday, July 23, 2012
EPS: 21 cents
Revenue Estimate: $1.62 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)