NEW YORK, November 5, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting HealthSouth Corp. (NYSE: HLS), Brookdale Senior Living Inc. (NYSE: BKD), Lifepoint Hospitals Inc. (NASDAQ: LPNT), Acadia Healthcare Company, Inc. (NASDAQ: ACHC), and Air Methods Corp. (NASDAQ: AIRM). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
HealthSouth Corp. Research Report
On October 28, 2013, HealthSouth Corp. (HealthSouth) reported its financial results for Q3 2013. The Company's net operating revenue increased 5.0% YoY to $564.0 million during the quarter. Net income attributable to HealthSouth was $58.2 million or $0.58 per diluted share in Q3 2013, compared to net income of $47.1 million or $0.43 per diluted share in Q3 2012. Commenting on the results, HealthSouth's President and CEO, Jay Grinney said, "The third quarter was another solid quarter for HealthSouth. Same-store hospital discharges grew 3.2% while our new hospitals in Ocala, Florida, Augusta, Georgia, Littleton, Colorado, and Stuart, Florida contributed another 2.5% of growth quarter over quarter. Our hospitals continued to provide this care in a cost-effective manner which contributed to a $10.3 million, or 8.2%, increase in Adjusted EBITDA. Most importantly, we generated $106.4 million of adjusted free cash flow which brought our year-to-date adjusted free cash flow to $264.6 million, an increase of $77.8 million, or 41.6%, compared to the first nine months of 2012." The Full Research Report on HealthSouth Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9080_HLS]
Brookdale Senior Living Inc. Research Report
On October 28, 2013, Brookdale Senior Living Inc. (Brookdale) announced that it plans to release its Q3 2013 financial results on Wednesday, November 6, 2013 after the market hours. According to Brookdale, the Company has also scheduled a conference call to discuss the results on Thursday, November 7, 2013 at 10:00 a.m. ET. The Company further informed that a webcast of the call will be available to the public on a listen-only basis at its website. The Full Research Report on Brookdale Senior Living Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/fefe_BKD]
Lifepoint Hospitals Inc. Research Report
On October 25, 2013, Lifepoint Hospitals Inc. (Lifepoint Hospitals) reported its financial results for Q3 2013. The Company's revenue from continuing operations increased 9.7% YoY to $899.7 million during the quarter. Net income attributable to LifePoint Hospitals was $32.8 million or $0.68 per diluted share in Q3 2013, compared to net income of $19.2 million or $0.39 per diluted share in Q3 2012. Commenting on the results, Lifepoint Hospitals' Chairman and CEO, William F. Carpenter III said, "We are pleased with our quarterly results, which included strong revenue and EBITDA growth. While the overall volume environment remains challenging, our strategic initiatives drove growth in outpatient volumes. Our M&A program remains active, with all pending acquisitions on track to close within the next six months. Our recently acquired hospitals are performing well, and we have a strong pipeline of potential opportunities." The Full Research Report on Lifepoint Hospitals Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Acadia Healthcare Company, Inc. Research Report
On October 29, 2013, Acadia Healthcare Company, Inc. (Acadia Healthcare) reported its financial results for Q3 2013. The Company's revenue increased 79.1% YoY to $184.7 million during the quarter. Net income was $14.4 million or $0.29 per diluted share in Q3 2013, compared to net income of $6.5 million or $0.15 per diluted share in Q3 2012. Commenting on the results, Acadia Healthcare's Chairman and CEO, Joey Jacobs said, "We continue to be pleased with the execution of our proven business model, which produced very strong profitable growth for the third quarter of 2013. Our revenue growth primarily resulted from the acquisition and integration of 15 inpatient psychiatric facilities since the end of the third quarter last year, including the acquisition of an 87-bed facility that was consummated in the third quarter of 2013. These acquisitions, combined with both the addition of 263 beds to existing facilities and the opening of a 60-bed de novo facility in the past 12 months, increased our licensed beds to approximately 3,900 at the quarter's end from more than 2,400 at the end of the third quarter last year." The Full Research Report on Acadia Healthcare Company, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/c556_ACHC]
Air Methods Corp. Research Report
On October 23, 2013, Air Methods Corp. (Air Methods) announced the appointment of David Doerr to the Company's newly created position of Executive Vice President, Business Development. According to the Company, in his new role, Mr. Doerr will report directly to Air Methods' CEO Aaron Todd and will work with the senior management team to identify avenues for growth and implement strategic initiatives for the Company and its subsidiaries. Aaron Todd stated, "David is a great addition to the Company's senior management team. He is a seasoned executive who will enhance our approach to new market opportunities as we continue to implement the Company's proven growth strategy." The Full Research Report on Air Methods Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ff38_AIRM]
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner