Equities analysts predict that LifePoint Health Inc (NASDAQ:LPNT) will announce earnings of $0.99 per share for the current quarter, according to Zacks Investment Research. Ten analysts have issued estimates for LifePoint Health’s earnings. The lowest EPS estimate is $0.69 and the highest is $1.10. LifePoint Health reported earnings per share of $0.80 in the same quarter last year, which suggests a positive year-over-year growth rate of 23.8%. The company is expected to report its next quarterly earnings report on Friday, October 26th.

On average, analysts expect that LifePoint Health will report full-year earnings of $4.59 per share for the current fiscal year, with EPS estimates ranging from $4.19 to $4.81. For the next year, analysts expect that the company will report earnings of $4.70 per share, with EPS estimates ranging from $3.96 to $5.34. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that cover LifePoint Health.

LifePoint Health (NASDAQ:LPNT) last posted its quarterly earnings data on Friday, July 27th. The company reported $1.27 earnings per share for the quarter, topping the consensus estimate of $1.08 by $0.19. The firm had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.58 billion. LifePoint Health had a return on equity of 7.04% and a net margin of 0.65%. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.96 EPS.

Several research firms have recently commented on LPNT. Mizuho set a $65.00 price objective on LifePoint Health and gave the company a “hold” rating in a report on Monday, July 23rd. Robert W. Baird cut LifePoint Health from an “outperform” rating to a “neutral” rating and set a $74.00 price objective on the stock. in a report on Tuesday, July 24th. BMO Capital Markets increased their price objective on LifePoint Health from $62.00 to $65.00 and gave the stock a “market perform” rating in a report on Tuesday, July 24th. ValuEngine raised LifePoint Health from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th. Finally, William Blair cut LifePoint Health from an “outperform” rating to a “market perform” rating in a report on Monday, July 23rd. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have issued a buy rating to the stock. LifePoint Health presently has an average rating of “Hold” and a consensus price target of $58.73.

Several institutional investors have recently made changes to their positions in LPNT. Acadian Asset Management LLC purchased a new position in LifePoint Health during the second quarter valued at $263,000. Chicago Equity Partners LLC purchased a new position in shares of LifePoint Health in the first quarter valued at about $953,000. Point72 Asset Management L.P. purchased a new position in shares of LifePoint Health in the first quarter valued at about $21,489,000. Profit Investment Management LLC purchased a new position in shares of LifePoint Health in the second quarter valued at about $2,448,000. Finally, James Investment Research Inc. purchased a new position in shares of LifePoint Health in the second quarter valued at about $1,778,000.

Shares of NASDAQ LPNT traded up $0.03 during midday trading on Friday, hitting $64.38. 44,831 shares of the stock traded hands, compared to its average volume of 580,008. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 17.73, a P/E/G ratio of 1.63 and a beta of 0.71. LifePoint Health has a one year low of $41.45 and a one year high of $65.35. The company has a quick ratio of 1.63, a current ratio of 1.85 and a debt-to-equity ratio of 1.27.

LifePoint Health Company Profile

LifePoint Health, Inc, through its subsidiaries, owns and operates community hospitals, regional health systems, physician practices, outpatient centers, and post-acute facilities in the United States. Its hospitals provide a range of medical and surgical services, such as general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation, and pediatric, as well as specialized services, including open-heart surgery, skilled nursing, psychiatric care, and neuro-surgery.

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Earnings History and Estimates for LifePoint Health (NASDAQ:LPNT)

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