Quorum Health (NYSE:QHC) Issues Earnings Results

Quorum Health (NYSE:QHC) issued its earnings results on Thursday. The company reported ($0.61) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.17) by ($0.44), Fidelity Earnings reports. The business had revenue of $419.90 million for the quarter.

Quorum Health stock traded down $0.36 during mid-day trading on Friday, reaching $0.74. The company had a trading volume of 1,829,236 shares, compared to its average volume of 367,002. Quorum Health has a 1 year low of $0.66 and a 1 year high of $5.68. The company has a market capitalization of $39.49 million, a P/E ratio of -0.45 and a beta of 1.99. The stock’s 50-day simple moving average is $1.22 and its 200-day simple moving average is $1.47.

A number of research analysts have issued reports on QHC shares. Royal Bank of Canada reaffirmed a “hold” rating and issued a $2.00 target price on shares of Quorum Health in a report on Sunday, August 11th. ValuEngine raised shares of Quorum Health from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd.

Quorum Health Company Profile

Quorum Health Corporation, together with its subsidiaries, provides hospital and outpatient healthcare services in the United States. Its hospital and outpatient healthcare services include general and acute care, emergency room, general and specialty surgery, critical care, internal medicine, diagnostic, obstetric, psychiatric, and rehabilitation services.

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Earnings History for Quorum Health (NYSE:QHC)

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