NYSE$MD

Pediatrix Medical Group, Inc. · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Reported a loss from continuing operations due to the impact of COVID-19 and sale of American Anesthesiology.

MEDNAX reported a challenging first quarter, marked by a net revenue of $846 million but a loss of $16 million. The company's performance was significantly impacted by the COVID-19 pandemic, which reduced consolidated revenue by approximately $40 million compared to forecasted revenue. Additionally, MEDNAX completed the sale of American Anesthesiology subsequent to the end of the quarter.

  • Net revenue for the quarter was $846 million.
  • Loss from continuing operations was $16 million, or $0.20 per share.
  • Adjusted EPS from continuing operations was $0.32.
  • Adjusted EBITDA from continuing operations was $63 million.

Headline financials

Total Revenue

$846M

Previous: $851M-0.6%
EPS (adj)

$0.32

Previous: $0.65-50.8%
Same-unit net revenue growth

-1.0%

No prior period
Capital Expenditures

-$13.7M

Previous: -$5.82M-135.6%
Free Cash Flow

-$32.4M

Previous: -$249M+87.0%
Net Income

-$18.7M

Previous: -$243M+92.3%
Operating Income

$13.1M

Previous: $78.5M-83.3%
Gross Profit

$168M

Previous: $204M-17.6%
Cash & Equivalents

$312M

Previous: $26.5M+1079.0%
Total Assets

$4.32B

Previous: $5.71B-24.3%
Stock-Based Comp

$7.44M

Previous: $11M-32.3%

Revenue & EPS history

Pediatrix · Revenue · Quarterly

$846M

Q1 2020-0.6%vs Q1 2019
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Forward guidance

Due to the rapidly evolving environment and continued uncertainties surrounding the impact of COVID-19, the Company is not providing any outlook for its performance for the second quarter of 2020 or for the full year 2020.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+0.4%

Avg return

Earnings day

+0.2%

Avg return

5 days after

-0.2%

Avg return

30 days after

50%

34 / 68 earnings

Positive

+31.3%

Q3 2020

Best reaction

-24.8%

Q4 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-7.3%+5.2%+0.0%
Q4 2025-12.2%-8.7%-10.3%
Q3 2025+21.3%+29.2%+37.2%
Q1 2025+12.1%+12.2%+7.5%
Q4 2024+22.1%+9.1%+0.7%
Q3 2024+22.9%+30.5%+21.4%
Q2 2024+26.4%+31.5%+40.9%
Q1 2024-8.4%-11.4%-25.8%
Q4 2023-6.8%-5.4%+0.6%
Q3 2023-11.7%-11.8%-21.8%
Q2 2023+5.9%+6.4%+1.2%
Q1 2023-2.4%-4.5%-5.4%
Q4 2022+4.6%+5.8%-5.0%
Q3 2022-16.2%-18.3%-12.6%
Q2 2022-12.1%-7.8%-22.1%
Q1 2022-18.5%-16.6%-14.4%
Q4 2021-9.2%-8.9%-6.9%
Q3 2021-1.2%-3.3%-10.7%
Q2 2021+7.9%+11.4%+2.1%
Q1 2021+19.5%+14.8%+19.4%
Q4 2020-20.5%-16.8%-0.9%
Q3 2020+31.3%+32.0%+60.5%
Q2 2020-1.3%-1.3%-4.6%
Q1 2020+5.6%-0.7%+38.7%
Q4 2019-24.8%-30.0%-64.6%
Q3 2019+14.6%+18.1%+18.9%
Q2 2019-9.1%-13.6%-14.2%
Q1 2019+3.8%+3.8%-12.7%
Q4 2018-4.2%-5.9%-18.3%
Q3 2018-5.0%-4.4%-2.6%
Q2 2018+10.1%+13.3%+10.4%
Q1 2018-4.4%-3.6%-1.4%
Q4 2017+6.6%+6.7%+13.8%
Q3 2017-4.9%+0.1%+15.6%
Q2 2017-16.8%-20.4%-21.7%
Q1 2017-8.5%-9.9%-8.2%
Q4 2016-3.5%-1.3%+1.1%
Q3 2016-6.3%-6.3%+1.3%
Q2 2016-8.5%-10.8%-16.7%
Q1 2016-2.3%
Q4 2015-3.3%
Q3 2015-4.4%
Q2 2015+4.2%
Q1 2015-1.2%
Q4 2014+5.2%
Q3 2014+10.2%
Q2 2014-4.5%
Q1 2014-2.4%
Q4 2013+5.0%
Q3 2013+2.4%
Q2 2013+1.4%
Q1 2013-1.1%
Q4 2012+0.9%
Q3 2012+7.3%
Q2 2012+4.1%
Q1 2012-6.6%
Q4 2011-1.7%
Q3 2011+2.8%
Q2 2011-0.9%
Q1 2010+1.8%
Q1 2011+4.5%
Q4 2010+2.2%
Q4 2008+2.2%
Q3 2009+2.0%
Q3 2010+2.0%
Q2 2010+2.3%
Q4 2009+2.3%
Q2 2009+2.3%

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