AmSurg Remains Neutral
We have reiterated our Neutral recommendation on AmSurg Corporation (NASDAQ:AMSG) with a target price of $30.00. Even amidst headwinds like reimbursement issues, higher expenses and economic uncertainty, AmSurg’s adjusted EPS for the first quarter of fiscal 2012 came in at 50 cents, up 35% year over year, and ahead of the Zacks Consensus Estimate by [...]
We have reiterated our Neutral recommendation on AmSurg Corporation (NASDAQ:AMSG) with a target price of $30.00.
Even amidst headwinds like reimbursement issues, higher expenses and economic uncertainty, AmSurg’s adjusted EPS for the first quarter of fiscal 2012 came in at 50 cents, up 35% year over year, and ahead of the Zacks Consensus Estimate by 2 cents.
AmSurg also delivered strong revenue growth during the reported quarter. Revenues were up 30% year over year to $230.2 million and exceeded … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards