Cross Country Healthcare Inc expected to post earnings of 12 cents a share - Earnings Preview

Cross Country Healthcare

17/02/2025 11:10

* Cross Country Healthcare Inc  CCRN.OQ   CCRN.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 19 (estimated) for the period ending December 31 2024
    * The Boca Raton Florida-based  company is expected to
report a
26.1% decrease in revenue to $306.1 million from $414.04 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.The company's guidance on November 6 2024,
for the period ended December 31, was for revenue between 300.00
million and 310.00 million.
    * ​LSEG's mean analyst estimate for Cross Country Healthcare
Inc
is for earnings of 12 cents per share. The company's EPS
guidance on November 6 2024, for the period ended December
31, was between 0.10 and 0.14 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cross
Country
Healthcare Inc is $18.61​, above​ its last closing price
of $18.15. ​​​

The company's guidance on November 6 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 300 million and 13
million.The company's guidance on November 6 2024 for the period
ended December 31 was for gross profit margin of 21%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.10        0.10       0.12      Beat    24.7
 Jun. 30 2024  0.14        0.13       0.10      Missed  -24.5
 Mar. 31 2024  0.17        0.17       0.19      Beat    10.9​
 Dec. 31 2023  0.27        0.27       0.29      Beat    6.1
 ​​Sep.        0.41        0.41       0.39      Missed  -4.2
 30 2023                                                
 Jun. 30 2023  0.61        0.61       0.69      Beat    13.3​
 Mar. 31 2023  0.75        0.75       0.84      Beat    12.4
 Dec. 31 2022  0.89        0.89       1.09      Beat    21.9
 This summary was machine generated February 17 at 11:10 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)