Envision Healthcare Swings To Q2 Loss

(RTTNews) - Envision Healthcare Holdings, Inc. (EVHC) Wednesday reported second-quarter net loss of $1.99 million or $0.01 per share, compared to last year's net income of $9.60 million or $0.07 per share last year.

Adjusted earnings for the quarter were $0.28 per share, up from $0.48 per share last year.

Net revenues rose to $1.08 billion from $899.3 million last year.

Analysts polled by Thomson Reuters expected the company to earn $0.25 per share on revenues of $1.04 billion for the quarter. Analysts, estimates typically exclude special items.

For the full year 2014, the company now expects adjusted earnings of $1.15- $1.20 per share, compared to prior outlook of $1.10-$1.15 per share. Analysts currently estimate earnings of of $1.13 per share on revenues of $4.30 billion for the year.