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United States

MEDNAX Inc (MD.N)

MD.N on New York Stock Exchange

57.35USD
23 Feb 2018
Change (% chg)

$-0.16 (-0.28%)
Prev Close
$57.51
Open
$57.79
Day's High
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Day's Low
$56.35
Volume
247,561
Avg. Vol
370,165
52-wk High
$72.13
52-wk Low
$40.56

Latest Key Developments (Source: Significant Developments)

Mednax Reports Q4 Adjusted Earnings Per Share Of $0.87
Thursday, 8 Feb 2018 06:00am EST 

Feb 8 (Reuters) - Mednax Inc ::MEDNAX REPORTS FOURTH QUARTER GAAP EPS OF $1.46.SEES Q1 2018 ADJUSTED EARNINGS PER SHARE $0.84 TO $0.89.SEES Q1 2018 EARNINGS PER SHARE $0.63 TO $0.68.Q4 ADJUSTED EARNINGS PER SHARE $0.87.Q4 EARNINGS PER SHARE $1.46.Q4 REVENUE $911 MILLION.Q4 SAME STORE SALES ROSE 3.9 PERCENT.Q4 EARNINGS PER SHARE VIEW $0.83, REVENUE VIEW $885.1 MILLION -- THOMSON REUTERS I/B/E/S.Q1 EARNINGS PER SHARE VIEW $0.78, REVENUE VIEW $889.9 MILLION -- THOMSON REUTERS I/B/E/S.QTRLY RESULTS INCLUDE $0.75 PER SHARE OF INCOME TAX BENEFIT RELATED TO IMPACTS FROM TAX CUTS AND JOBS ACT OF 2017.Q1 2018 OUTLOOK ASSUMES THAT TOTAL SAME-UNIT REVENUE GROWTH FOR 3 MONTHS ENDED MARCH 31 WILL BE IN A RANGE OF TWO TO FOUR PERCENT.FOR Q1 2018, CO EXPECTS EBITDA GROWTH WILL BE BETWEEN NEGATIVE FOUR PERCENT AND POSITIVE ONE PERCENT.  Full Article

Mednax Announces Acquisition Of Neonatology Practice In California
Wednesday, 10 Jan 2018 06:45am EST 

Jan 10 (Reuters) - Mednax Inc ::MEDNAX INC - ‍NO ADDITIONAL TERMS OF TRANSACTION WERE DISCLOSED​.MEDNAX - DEAL WAS CASH TRANSACTION AND IT IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS.MEDNAX ANNOUNCES ACQUISITION OF NEONATOLOGY PRACTICE IN CALIFORNIA.  Full Article

Elliott, Elliott International & EICA collectively combines economic exposure in MEDNAX
Thursday, 16 Nov 2017 09:28am EST 

Nov 16 (Reuters) - MEDNAX Inc :Elliott says Elliott, Elliott International & EICA collectively have combined economic exposure in MEDNAX of about 7.0% of stock as of Nov 6.‍Elliott​ Managemenet- believe MEDNAX Securities undervalued; seek to engage with MEDNAX management,board on strategic options,operational opportunities.‍Elliott​ Managemenet- may propose potential changes in operations, management, board, potential strategic transactions involving mednax, some assets, among others.Elliott​ Management says intends to talk with MEDNAX's management about operational matters, including sale of MEDNAX or some of its businesses.  Full Article

Mednax reports Q3 earnings per share of $0.71
Wednesday, 1 Nov 2017 06:00am EDT 

Nov 1 (Reuters) - Mednax Inc :Mednax reports third quarter GAAP EPS of $0.71; adjusted EPS of $0.87.Sees Q4 2017 adjusted earnings per share $0.80 to $0.85.Sees Q4 2017 earnings per share $0.64 to $0.69.Q3 earnings per share $0.71.Q3 adjusted earnings per share $0.87.Q3 revenue $869 million versus I/B/E/S view $866.4 million.Q3 same store sales rose 0.7 percent.Q3 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Mednax Inc - estimates that hurricane impact reduced net revenue during quarter by approximately $2 million and adjusted EPS by approximately $0.01​.Mednax - ‍Q4 outlook assumes total same-unit revenue growth for 3 months ended December 31, 2017 to be in a range of flat to 2 percent versus prior-year period​.Mednax Inc - ‍outlook assumes that total same-unit revenue growth for three months ended December 31, 2017 will be in a range of flat to 2 percent​.  Full Article

MEDNAX ACQUIRES RADIOLOGY PHYSICIAN GROUP SYNERGY RADIOLOGY ASSOCIATES
Wednesday, 18 Oct 2017 06:45am EDT 

Oct 18 (Reuters) - MEDNAX Inc ::MEDNAX ANNOUNCES ACQUISITION OF LEADING TEXAS RADIOLOGY PRACTICE.MEDNAX INC - ‍NO ADDITIONAL TERMS OF TRANSACTION WERE DISCLOSED.​.MEDNAX INC - DEAL WAS A CASH AND EQUITY TRANSACTION AND IT IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO EARNINGS​.MEDNAX INC - ‍ACQUISITION OF SYNERGY RADIOLOGY ASSOCIATES, PA.MEDNAX INC - ‍WITH ACQUISITION, 10 PHYSICIAN GROUP PRACTICES HAVE BECOME PART OF MEDNAX IN 2017.  Full Article

Mednax acquires pediatric urology practice in South Florida
Monday, 2 Oct 2017 06:45am EDT 

Oct 2 (Reuters) - Mednax Inc :Mednax announces acquisition of pediatric urology practice in south florida.Mednax Inc - ‍this was a cash transaction and it is expected to be immediately accretive to earnings​.Mednax Inc - ‍no additional terms of transaction were disclosed​.  Full Article

Mednax announces acquisition of South Florida radiology practice
Wednesday, 23 Aug 2017 06:45am EDT 

Aug 23 (Reuters) - Mednax Inc :Mednax announces acquisition of leading South Florida radiology practice.Mednax Inc- ‍No additional terms of transaction were disclosed​.Mednax Inc - ‍Upon completion of transaction, Mednax's radiology group will read more than eight million studies annually​.Mednax Inc - Deal was a cash transaction and it is expected to be immediately accretive to earnings​.  Full Article

Mednax reports second quarter GAAP EPS of $0.69
Friday, 28 Jul 2017 06:00am EDT 

July 28 (Reuters) - Mednax Inc :Mednax reports second quarter GAAP EPS of $0.69.Sees Q3 2017 adjusted earnings per share $0.83 to $0.88.Sees Q3 2017 earnings per share $0.66 to $0.71.Q2 adjusted earnings per share $0.85.Q2 earnings per share $0.69.Q2 revenue $843 million versus I/B/E/S view $848.8 million.Q2 same store sales fell 0.9 percent.Q2 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.mednax-‍outlook assumes total same-unit revenue growth for three months ended september 30, 2017 will be in a range of flat to negative two percent​.Q3 earnings per share view $0.98 -- Thomson Reuters I/B/E/S.  Full Article

MEDNAX announces acquisition of Greater Nashville Perinatology
Tuesday, 20 Jun 2017 06:45am EDT 

June 20 (Reuters) - MEDNAX Inc ::MEDNAX announces acquisition of maternal-fetal medicine practice in Tennessee.MEDNAX Inc - no additional terms of transaction were disclosed..MEDNAX Inc - cash transaction expected to be immediately accretive to earnings.MEDNAX Inc - announced acquisition of Greater Nashville Perinatology Plc.  Full Article

Mednax reports Q1 EPS $0.59
Thursday, 4 May 2017 06:00am EDT 

May 4 (Reuters) - Mednax Inc :Mednax reports first quarter GAAP EPS of $0.59; adjusted EPS of $0.75.Sees Q2 2017 adjusted earnings per share $0.85 to $0.89.Sees Q2 2017 earnings per share $0.68 to $0.72.Q1 adjusted non-GAAP earnings per share $0.75.Q1 earnings per share $0.59.Q1 revenue $836 million versus I/B/E/S view $837.3 million.Q1 same store sales fell 0.9 percent.Q1 earnings per share view $0.82 -- Thomson Reuters I/B/E/S.Sees Q2 adjusted eps in a range of $0.85 to $0.89.Outlook assumes total same-unit revenue growth for 3 months ended June 30 will be in range of flat to negative 2 percent, compared to prior-year period.  Full Article

BRIEF-Mednax Reports Q4 Adjusted Earnings Per Share Of $0.87

* Q4 EARNINGS PER SHARE VIEW $0.83, REVENUE VIEW $885.1 MILLION -- THOMSON REUTERS I/B/E/S