Air Methods Q3 Profit Decreases - Quick Facts

(RTTNews) - Air Methods Corporation (AIRM) reported third-quarter net income to company of $33.7 million or $0.90 per share, compared to $35.6 million or $0.91 per share, prior year. The company noted that its earnings per share for the quarter were increased by $0.05 for an adjustment to the value of an equity put option related to one of its redeemable non-controlling interests in one of the consolidated subsidiaries.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.86 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $277.82 million from $252.39 million last year. Analysts expected revenue of $272.91 million for the quarter.