BRENTWOOD, Tenn. (AP) — BRENTWOOD, Tenn. (AP) — Surgery Partners Inc. (SGRY) on Monday reported a loss of $1 million in its fourth quarter.
The Brentwood, Tennessee-based company said it had a loss of 1 cent per share. Earnings, adjusted for non-recurring costs and to extinguish debt, were 44 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share.
The surgical facilities operator posted revenue of $735.4 million in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $741.5 million.
For the year, the company reported a loss of $11.9 million, or 9 cents per share. Revenue was reported as $2.74 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGRY at https://www.zacks.com/ap/SGRY