Quorum (QHC) Releases Earnings Results, Misses Expectations By $-8.74 EPS

Quorum (QHC) reported quarterly earnings results on Wednesday, Aug-10-2016. The company reported $-8.63 earnings per share for the quarter, missing the analyst consensus estimate by $-8.74. Analysts had a consensus of $0.11. The company posted revenue of $529.70 million in the period, compared to analysts expectations of $564.19 million. The company’s revenue was down -1.6% compared to the same quarter last year.

Many Wall Street Analysts have commented on Quorum. Credit Suisse Initiated Quorum on Jul 29, 2016 to “Neutral”, Price Target of the shares are set at $12.Mizuho Initiated Quorum on Jun 20, 2016 to “Neutral”, Price Target of the shares are set at $11.25.UBS Initiated Quorum on Jun 10, 2016 to “Neutral”, Price Target of the shares are set at $14.

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