The Brentwood-based hospital chain said that it expects to earn $2.50 to $2.80 per share for 2010 on revenues of $3.1 billion to $3.2 billion. On average, analysts polled by Thomson Reuters had forecast earnings of $2.66 a share.
LifePoint also beat analysts’ consensus estimates of its earnings for its recent fourth quarter by 11 cents. It had income from continuing operations of $38.6 million, or 71 cents per share, vs. $30.4 million, or 58 cents per share, last year. On average, analysts forecast 60 cents a share for the recent period. Revenues from continuing operations rose 10.7 percent to $746.9 million.
For all of 2009, income from continuing operations was $139.2 million, or $2.59 a share, vs. $126.7 million, or $2.37 a share, for 2008. LifePoint shares closed trading Friday at $31.95, up $1.55.
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