Zacks.com submits:
Emergency Medical Services’ (EMS) fourth earnings per share came (EPS) in at 67 cents (excluding a tax benefit of 8 cents), which surpassed the Zacks Consensus Estimate of 63 cents and earnings of 48 cents from the year-ago period (see transcript here).
The company reported revenues of $654.3 million, a 10.2% increase compared to the fourth quarter of 2008. The robust performance during the quarter was primarily driven by increased volume arising from new contracts, higher revenues from existing contracts, lower operating expenses and fuel costs offset by increased compensation and insurance expense.
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