AmSurg Reiterated At Neutral
By:
DailyMarkets.com
Posted on March 15, 2012 at 16:21 PM EDT
We have reiterated our Neutral recommendation on AmSurg Corporation (NASDAQ:AMSG) with a target price of $28.00. In the face of headwinds such as reimbursement issues, higher expenses and economic uncertainty, AmSurg’s adjusted EPS for the fourth quarter of fiscal 2011 came in at 46 cents, in line with the Zacks Consensus Estimate but ahead of [...]
We have reiterated our Neutral recommendation on AmSurg Corporation (NASDAQ:AMSG) with a target price of $28.00.
In the face of headwinds such as reimbursement issues, higher expenses and economic uncertainty, AmSurg’s adjusted EPS for the fourth quarter of fiscal 2011 came in at 46 cents, in line with the Zacks Consensus Estimate but ahead of the year-ago quarter EPS of 43 cents.
The quarterly result includes a negative impact of a penny related to the revision of the Medicare payment system for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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