AmSurg Q2 Profit Rises

(RTTNews) - AmSurg Corp. (AMSG) Tuesday reported second-quarter net earnings of $18.56 million or $0.59 per share, up from $15.54 million or $0.51 per share last year.

On average, eight analysts polled by Thomson Reuters expected the company to earn $0.56 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter increased 17 percent to $269.3 million from $230.3 million last year. Analysts estimated revenues of $265.84 million for the quarter.

For the full year 2013, the company lifted its adjusted earnings from continuing operations guidance to a range of $2.17 to $2.20 per share, compared to previous estimate of $2.13 to $2.18 per share. Analysts currently estimate earnings of $2.16 per share for the year.

The company continues to expect revenues of $1.06 billion to $1.09 billion for the year. Analysts currently expect revenues of $1.07 billion for the quarter.

For the third quarter, the company expect net earnings from continuing operations in a range of $0.51 to $0.53 per share. Analysts currently estimate earnings of $0.53 per share for the quarter.