Economy

Quorum Health Corporation (NASDAQ:QHC) Expected To Report Earnings On Monday

Quorum Health Corporation (NASDAQ:QHC) Expected To Report Earnings On Monday

The company had revenue of $527.60 million for the quarter, compared to analysts' expectations of $548.81 million.

Quorum Health Corp (NYSE:QHC) traded down 7.94% during midday trading on Tuesday, reaching $2.90. The current share price indicates that stock is -71.15% away from its one year high and is moving 4.00% ahead of its 52-week low.

Quorum Health Corporation (QHC) has an Average Brokerage Recommendation (ABR) of 3.33, according to data compiled by Zacks Investment Research. HAP Trading LLC now owns 297,501 shares of the company's stock worth $1,865,000 after buying an additional 61,700 shares in the last quarter.

Shots fired on North Lake College campus in Irving
Le, who said he then took cover, said the shots sounded like they were fired inside the building. The campus was placed on lockdown immediately afterward and will not open again until Monday.

Hedge funds and other institutional investors have recently modified their holdings of the stock. JPMorgan Chase & Co. raised its position in Quorum Health Corp by 81.4% in the first quarter. Finally, Guggenheim Capital LLC purchased a new position in Quorum Health Corp during the fourth quarter worth $1,651,000. Davidson Kempner Capital Management LP boosted its position in shares of Quorum Health Corp by 33.2% in the fourth quarter. Seven analysts have rated the stock with a hold rating, The company now has a consensus rating of "Hold" and a consensus price target of $8.54. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. For the quarter ending Sep-17, 4 analysts have a mean sales target of 502.56 million whilst for the year ending Dec-17, 4 analysts have a mean target of 2,106.20 million.

The company reported $30.7 million in Adjusted EBITDA in Q4 of the 2016 financial year compared to $77.7 million that was reported during the same period of the previous financial year.

COPYRIGHT VIOLATION WARNING: This article was originally reported by The Cerbat Gem and is the sole property of of The Cerbat Gem.

Hospital boss praises IT staff — NHS cyber attack
Hospitals have stopped diverting patients following last week's cyber attack which crippled many NHS Trusts' IT systems.

In terms of earnings per share, 4 analysts have a -0.47 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 4 analysts have a -0.46 EPS mean target and for the quarter ending Sep-17 there are 4 estimates of -1.60 EPS. Acadian Asset Management LLC boosted its position in shares of Quorum Health Corp by 130.4% in the first quarter. NY now owns 25,111 shares of the company's stock worth $183,000 after buying an additional 22,477 shares in the last quarter. If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and worldwide copyright law. On average, analysts anticipate that Quorum Health Corp will post ($1.60) EPS for the current year. The original version of this story can be viewed at https://sportsperspectives.com/2017/05/14/quorum-health-corp-qhc-receives-8-40-average-price-target-from-analysts-updated.html.

Its main business focus is providing general hospital healthcare, but also provides additional outpatient services at urgent care centers, imaging centers and surgery centers.

Australian companies warned about global cyber attack
Europol has been analysing the virus and is yet to identify the hacking group behind the massive attacks. The ransomware locks users' files and demands a United States dollars 300 payment to allow access.


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