The chart below shows how MD performed 10 days before and after its earnings report, based on data from the past quarters. Typically, MD sees a +3.94% change in stock price 10 days leading up to the earnings, and a -3.20% change 10 days following the report. On the earnings day itself, the stock moves by -0.98%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Q3 Operating Results Improvement: Our third quarter operating results were modestly ahead of expectations, driven primarily by same unit revenue growth.
Stable Patient Volumes: Patient volumes were stable to positive across all of our core service lines compared to the third quarter of last year.
NICU and Pediatric Growth: On the hospital-based side, our NICU days rose modestly, reflecting slightly positive total births and we saw positive comparisons across newborn nursery, pediatric intensive care and peds hospitalist services.
Hybrid Revenue Cycle Transition: During the quarter, we successfully completed the final wave of our transition to a hybrid revenue cycle management structure, and I am pleased that not only is the transition behind us, but we were able to complete it without any meaningful disruptions to our operating results.
Operating Cash Flow Increase: We generated $96 million in operating cash flow during the third quarter compared to $81 million in the prior year.
Negative
Pediatrix Medical Group, Inc. (MD) Q3 2024 Earnings Call Transcript
MD.N
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