New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Surgery Partners, Inc. ("Surgery Partners, Inc.") (NASDAQ: SGRY) concerning potential violations of the federal securities laws.

On March 3, 2025, CEO Eric Evans told investors on the Q4 2024 earnings call: "We expect margin expansion in 2025 and beyond." On the same call, he stated the Company had "high confidence in and significant visibility to our expected 2025 rate growth." CFO Dave Doherty added that the Company expected to "deploy at least $200 million of capital on M&A" and that "leverage to decrease based on sustained double-digit earnings growth." These statements set investor expectations for the quarters ahead.

By Q4 2025, the actual results told a different story. Surgery Partners reported an EPS miss and issued FY 2026 guidance well below expectations. Margins did not expand as promised in 2025 and the 2026 guidance suggested margin expansion had halted and earnings would be virtually flat in the next year. Earnings growth fell well short of the "double-digit" projection Doherty had outlined. The $250 million acquisition deployment target Evans described -- "$200 million plus proceeds from divestitures" -- did not materialize at the levels management had guided. Payer-mix shifts and softer-than-expected case growth drove the shortfall, factors management had previously dismissed as immaterial.

If you suffered a loss on your Surgery Partners, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

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Source: Levi & Korsinsky, LLP