Top Healthcare Stocks
PFE -0.03%, has turned negative
Healthcare stocks are mixed with NYSE Healthcare Sector index
climbing 0.1% while shares of healthcare companies in the S&P
500 are down a combined 0.2%.
In company news, Healthways (
) is down over 28% at $11.86 a share, sinking as low as $11.25
today after the specialized healthcare serives provider last night
reported Q3 net income and revenue that missed analyst expectations
and issued downbeat guidance for Q4 and FY14.
The company earned $0.05 per share in its latest quarter, down
from a $0.15 per share gain during the same quarter last year and
missing the Capital IQ consensus by $0.07 per share. Revenue was
little changed from year-ago levels at $166.6 million, also
trailing expectations by around $15.4 million.
HWAY also trimmed its Q4 EPS and sales outlooks to account for a
slower-than-expected ramping up of certain contract revenues. It
now expects earnings of between $0.00 to $0.06 per share during the
quarter ending in December with revenue coming in between $171
million to $181 million. The Street is looking for a $0.24 per
share profit in Q4 on $713.02 million in revenue, according to
It also sees FY14 revenue in a range of $725 million to $760
million, which would lag analyst expectations by at least $40.67
In other sector news,
(+) EHTH, (+12.9%, hit fresh 52 week highs) Q3 earnings of $0.08
per share, ex items, match Capital IQ consensus. Revenue rises
11.8% year over year to $42 mln, beating estimates by $1.54 mln.
Reaffirms in-line FY13 EPS guidance of $0.61 to $ 0.71 per share on
$168 mln to $174 mln in sales.
(-) RMD, (-12.2%) Fiscal Q1 sales of $357.7 mln trails Street
view by $15.3 mln. Earns $0.56 per share, including one-time items,
compared to analyst consensus looking for $0.58 profit, which
typically excludes items.
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