NYSE$MD

Pediatrix Medical Group, Inc. · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Pediatrix reported third quarter earnings, reflecting operational challenges in billing and collections and modest headwinds in volumes and payor mix.

Pediatrix Medical Group reported a net revenue of $490 million and an EPS of $0.35 for the third quarter of 2022. The company's operating results were impacted by challenges in billing and collections, as well as headwinds in volumes and payor mix. Adjusted EBITDA was reported as $58 million.

  • Net revenue was $490 million.
  • Income from continuing operations was $29 million.
  • Adjusted EBITDA was $58 million.
  • Adjusted EPS from continuing operations was $0.40.

Headline financials

Total Revenue

$490M

Previous: $493M-0.6%
EPS (adj)

$0.40

Previous: $0.46-13.0%
Same-unit net revenue growth

-3.2%

No prior period
Capital Expenditures

-$20.7M

Previous: -$29.1M+29.0%
Free Cash Flow

$10.1M

Previous: $1.71M+488.0%
Net Income

$30.7M

Previous: $30.8M-0.2%
Operating Income

$47.4M

Previous: $58.8M-19.4%
Gross Profit

$115M

Previous: $138M-16.6%
Cash & Equivalents

$8.67M

Previous: $358M-97.6%
Total Assets

$2.33B

Previous: $2.65B-11.9%
Stock-Based Comp

$4.12M

Previous: $5.5M-25.0%

Revenue & EPS history

Pediatrix · Revenue · Quarterly

$490M

Q3 2022-0.6%vs Q3 2021
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Pediatrix anticipates that its 2022 Adjusted EBITDA will be in a range of $240 million to $245 million.

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 Q3 2022

Historical avgQ3 2022

+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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