Envision Healthcare Holdings Inc (EVHC) Releases Earnings Results, Beats Expectations By $0.03 EPS

Envision Healthcare Holdings Inc (EVHC) reported quarterly earnings results on Thursday, May-5-2016. The company said it had a profit of $0.28 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.25. The company posted revenue of $1597.54 million in the period, compared to analysts expectations of $1547.40 million. The company’s revenue was up 28.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.26 EPS.

Many Wall Street Analysts have commented on Envision Healthcare Holdings Inc. Shares were Reiterated by RBC Capital Mkts on Feb 23, 2016 to “Outperform” and Lowered the Price Target to $ 31 from a previous price target of $38 .Shares were Reiterated by Barclays on Feb 23, 2016 to “Overweight” and Lowered the Price Target to $ 28 from a previous price target of $31 .

Envision Healthcare Holdings Inc closed down -0.78 points or -3.41% at $22.07 with 29,87,116 shares getting traded on Wednesday. Post opening the session at $22.64, the shares hit an intraday low of $21.755 and an intraday high of $22.78 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

In a different news, on Mar 17, 2016, Steven G Murphy (SVP of Gov. & Nat. Services) sold 17,021 shares at $20.45 per share price. According to the SEC, on Oct 7, 2015, Leonard M Jr Riggs (director) sold 4,000 shares at $36.24 per share price. On Sep 17, 2015, Randel G Owen (EVP, COO and CFO) sold 20,000 shares at $42.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Envision Healthcare Holdings Inc. is a holding company. The Company provides physician-led outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments anesthesiology hospitalist or inpatient radiology teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition AMR operates emergency (911) call and response service. It offers contracted medical staffing and provides telephone triage transportation dispatch and demand management services. It brands include EmCare and AMR.

Envision Healthcare Holdings Inc

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