BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Surgery Partners Inc. (SGRY) on Tuesday reported a loss of $31.7 million in its third quarter.
The Brentwood, Tennessee-based company said it had a loss of 25 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 19 cents per share.
The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.
The surgical facilities operator posted revenue of $770.4 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $769.1 million.
Surgery Partners expects full-year revenue of $3.08 billion.
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