Revenue Update on Envision Healthcare Holdings Inc(NYSE:EVHC)

Envision Healthcare Holdings Inc(NYSE:EVHC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $1.64B. Analysts estimated a revenue of $1.66B. Earnings per share were $0.34. Analysts had estimated an EPS of $0.36.

In a different note, On Jun 17, 2016, Oppenheimer said it Downgrades its rating on Envision Healthcare Holdings Inc. The shares have been rated ‘Perform’ by the firm. On Jun 16, 2016, Wells Fargo said it Downgrades its rating on Envision Healthcare Holdings Inc. The shares have been rated ‘Market Perform’ by the firm. On Jun 16, 2016, Citigroup said it Downgrades its rating on Envision Healthcare Holdings Inc. The shares have been rated ‘Neutral’ by the firm.

Envision Healthcare Holdings Inc (EVHC) shares turned negative on Fridays trading session with the shares closing down -0.16 points or -0.73% at a volume of 24,23,545. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $22.02. The peak price level was also seen at $22.02 while the days lowest was $21.6. Finally the shares closed at $21.84. The 52-week high of the shares is $44.83 while the 52-week low is $18.31. According to the latest information available, the market cap of the company is $4,088 M.

Several Insider Transactions has been reported to the SEC. On Mar 17, 2016, Steven G Murphy (SVP of Gov. & Nat. Services) sold 17,021 shares at $20.45 per share price.Also, On Oct 7, 2015, Leonard M Jr Riggs (director) sold 4,000 shares at $36.24 per share price.On Sep 17, 2015, Randel G Owen (EVP, COO and CFO) sold 20,000 shares at $42.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Envision Healthcare Holdings Inc. is a holding company. The Company provides physician-led outsourced medical services in the United States. The Company operates in two segments: EmCare Holdings Inc. (EmCare) in the facility-based and post-acute care physician service business and American Medical Response Inc. (AMR) in the healthcare transportation service business. EmCare provides integrated facility-based physician services for emergency departments anesthesiology hospitalist or inpatient radiology teleradiology and surgery programs. EmCare also offers physician-led care management solutions outside the hospital. AMR provides a range of healthcare transportation services from basic patient transit to the emergency care and pre-hospital assistance. In addition AMR operates emergency (911) call and response service. It offers contracted medical staffing and provides telephone triage transportation dispatch and demand management services. It brands include EmCare and AMR.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Envision Healthcare Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Envision Healthcare Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.