Surgery Partners Reports Q3 Non-GAAP EPS of $0.16, Beating Estimates
Surgery Partners (SGRY) reported third-quarter financial results featuring a Non-GAAP earnings per share (EPS) of $0.16, which exceeded analyst expectations by $0.04. While the company's revenue reached $815.3 million, this figure was in line with market forecasts and represented a slight year-over-year decline of 0.8%. The results come amid ongoing discussions regarding potential buyout offers for the company, including an increased offer from HealthSpan at $25 per share. Despite the earnings beat, recent analyst sentiment has been mixed, with some downgrades suggesting limited upside following a buyout consideration.
Tickers: $SGRY
Topics: earnings beat non-GAAP EPS revenue report