Healthcare Q2 Earnings Lined Up for Aug 4: SEM, AIRM & AHS

We now have second-quarter results from 317 S&P 500 members that combined account for 73.5% of the index’s total market capitalization as per the Earnings Preview report. Total earnings for these 317 companies are down 3.3% from the same period last year on 0.9% lower revenues. However, the beat ratio looks reassuring, with 72.9% exceeding EPS estimates and 53.6% coming ahead of top-line expectations.

Medical is one of the seven sectors in the S&P 500 group. So far 63.5% of the total Medical sector has reported. The sector is expected to deliver 5.4% earnings growth on 10.5% higher revenues in the second quarter. This compares favorably with the projected decline for the S&P 500 index.

Healthcare is part of the broader medical sector. Here, we take a sneak peek into four healthcare stocks that are scheduled to report their second-quarter figures on Aug 4:

Select Medical Holdings SEM is a healthcare company that owns long-term acute care and inpatient rehabilitation hospitals, as well as occupational health and physical therapy clinics. Last quarter, this company beat the estimate by 9.52%. Select Medical has an Earnings ESP of -8.33% as the Most Accurate estimate stands at 22 cents per share,  a couple of cents below the Zacks Consensus Estimate. So, although the company carries a Zacks Rank #3 (Hold), surprise prediction is difficult.

With respect to the surprise trend, Select Medical surpassed expectations in each of the last four quarters, with an average beat of 5.49%.

SELECT MEDICAL Price and EPS Surprise

SELECT MEDICAL Price and EPS Surprise | SELECT MEDICAL Quote

Air Methods Corporation AIRM is an American publicly owned helicopter operator. Its Domestic Air Medical Division provides emergency medical services to 100,000 patients every year, and serves 48 states and Haiti. Last quarter, this company beat the estimate by 19.05%. Air Methods has an Earnings ESP of -8.00% as the Most Accurate Estimate stands at 69 cents per share, lower than the Zacks Consensus Estimate of 75 cents per share. The company carries a Zacks Rank #4 (Sell), which lowers the predictive power of ESP.

With respect to the surprise trend, Air Methods surpassed expectations in each of the last four quarters, with an average beat of 11.25%.

AIR METHODS CRP Price and EPS Surprise

AIR METHODS CRP Price and EPS Surprise | AIR METHODS CRP Quote

AMN Healthcare Services, Inc. AHS provides healthcare workforce solutions and staffing services in the United States. It delivers managed services programs, healthcare executive search solutions, vendor management systems, recruitment process outsourcing, predictive modeling, medical coding and consulting, and other services. Last quarter, this company beat the estimate by 22.45%. Amn Healthcare has an Earnings ESP of 0.00% as the Most Accurate Estimate stands at 52 cents per share, in line with the Zacks Consensus Estimate. So, although the company sports a Zacks Rank #1 (Strong Buy), we cannot predict a positive surprise.

With respect to the surprise trend, Amn Healthcare surpassed expectations in each of the last four quarters, with an average beat of 23.59%.

AMN HLTHCR SVCS Price and EPS Surprise

AMN HLTHCR SVCS Price and EPS Surprise | AMN HLTHCR SVCS Quote

Stay tuned! Check back on our full write-up on earnings releases of these stocks.

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SELECT MEDICAL (SEM): Free Stock Analysis Report
 
AMN HLTHCR SVCS (AHS): Free Stock Analysis Report
 
AIR METHODS CRP (AIRM): Free Stock Analysis Report
 
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