CHS shares down big on Q3 preview

As HCA did, company cites payer mix, labor costs but also says admissions down
Oct 22, 2015 6:53 AM

Tractor Supply set to climb after Q3 beat

Better pricing, lower fuel costs help lift margins
Oct 22, 2015 6:50 AM

AmSurg proposal overshadowing earnings beat

AmSurg's headline-grabbing proposal to acquire Knoxville-based TeamHealth overshadowed its strong third-quarter earnings preview, said Avondale Partners analyst Paula Torch in a report late Tuesday.

The company beat analysts' expectations by a wide margin, posting estimated revenues for the third quarter of $650 million compared to $502 million the year prior. Adjusted net earnings were estimated to be $53.0 million compared to $34.6 million in the third quarter of last year. Adjusted earnings per diluted share are expected to be $1.03, compared to 69 cents.

"Given AMSG's stock is currently trading down 5 percent, we believe the merger proposal is overshadowing a strong earnings beat in 3Q," Torch wrote in her report.

AmSurg took its proposal to buy TeamHealth for $7.8 billion public Tuesday. TeamHealth rejected the plan, saying it undervalues the company. AmSurg shares (Ticker: AMSG) closed Tuesday trading down 4 percent at $74.88.

Oct 21, 2015 7:15 AM

Strong loan growth helps Pinnacle top Q3 expectations

CapitalMark, Magna acquisitions take headcount past 1,000
Oct 21, 2015 6:54 AM

HCA shares down after previewing Q3

Higher labor costs, uninsured rate affects margins
Oct 15, 2015 6:57 AM

Clarcor drops big after soft Q3

Leaders look at restructuring, cost cut opportunities
Sep 17, 2015 11:25 AM

Cracker Barrel CFO plans '16 retirement

Former O'Charley's exec joined chain more than four years ago
Sep 16, 2015 2:41 PM

Genesco execs feel better about Lids inventory cuts

Trimming should be at high end of target by late this year; Macy's partnership tweaks show promise
Sep 8, 2015 7:10 AM

Local bank profits keep chugging along

Loan books up 17% from year ago
Sep 3, 2015 2:54 PM

Dollar General sales outlook disappoints investors

Retailer gives up ground on up day for markets
Aug 27, 2015 1:53 PM