Key Developments For LifePoint Hospitals, Inc.
LifePoint Hospitals, Inc. (LPNT.O) (Nasdaq)
LifePoint Hospitals, Inc. Reaffirms FY 2009 Guidance
LifePoint Hospitals, Inc. reaffirmed its fiscal 2009 guidance expects revenue in the range of $2.9-$3.0 billion, adjusted EBITDA of $450.0 to $470.0 million and diluted earnings per share (EPS) of $2.35 to $2.55. According to Reuters Estimates, analysts were expecting the Company to report EPS of $2.43, EBITDA of $463.4 million on revenues of $2.9 billion for the same period.
LifePoint Hospitals, Inc. Reiterates FY 2009 Revenue Outlook-Conference Call
LifePoint Hospitals, Inc. announced that for fiscal 2009, it expects revenue in the range of $2.9-$3.0 billion. According to Reuters Estimates, analysts were expecting the Company to report revenues of $2.9 billion for the same period.
LifePoint Hospitals, Inc. Raises Low End of Prior FY 2009 Guidance In Line With Analysts' Estimates; Reaffirms FY 2009 Revenue Guidance; Announces Share Repurchase Program
LifePoint Hospitals, Inc. revised its fiscal 2009 guidance and expects revenue in a range of $2.9 to $3.0 billion. The Company also raised the lower end of both its Adjusted EBITDA (from $440.0 to $450.0 million) and Diluted EPS ranges (from $2.25 to $2.35), resulting in Adjusted EBITDA in a range from $450.0 to $470.0 million and Diluted EPS in a range from $2.35 to $2.55. According to Reuters Estimates, analysts are expecting the Company to report revenue of $2.9 billion, EPS of $2.48 and EBITDA of $462.0 million for the same period. The Company also announced that its Board of Directors has authorized a share repurchase program of up to $100 million of the Company`s common stock over the next 18 months.
LifePoint Hospitals, Inc. Reaffirms FY 2009 Guidance-Conference Call
LifePoint Hospitals, Inc. announced that it remains comfortable with the fiscal 2009 guidance. According to Reuters Estimates, analysts on an average are expecting the Company to report earnings per share of $2.37 and EBITDA of $452 million on revenue of $2.9 billion for the same period.
LifePoint Hospitals, Inc. Names Jeffrey Sherman Chief Financial Officer
LifePoint Hospitals, Inc. announced that Jeffrey Sherman, will assume the position of the Company`s Executive Vice President and Chief Financial Officer. Mr. Sherman, currently Vice President and Treasurer at Tenet Healthcare, will succeed David M. Dill who, as planned, will become the Company's Executive Vice President and Chief Operating Officer. The appointments are effective on or before April 13, 2009. Both Mr. Sherman and Mr. Dill will report directly to William F. Carpenter III, President and Chief Executive Officer of LifePoint Hospitals.
