Cross Country Healthcare Inc expected to post earnings of 27 cents a share - Earnings Preview

Cross Country Healthcare

19/02/2024 22:54

* Cross Country Healthcare Inc  CCRN.OQ   CCRN.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 21 for the period ending December 31 2023
    * The Boca Raton Florida-based  company is expected to
report a
35.6% decrease in revenue to $404.424 million from $628.22
million a year ago, according to the mean estimate from 9
analysts, based on LSEG data.The company's guidance on November
1 2023, for the period ended December 31, was for revenue
between 400.00 million and 410.00 million.
    * ​LSEG's mean analyst estimate for Cross Country Healthcare
Inc
is for earnings of 27 cents per share. The company's EPS
guidance on November 1 2023, for the period ended December
31, was between 0.25 and 0.35 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and 1 "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 $22.00​, above​ its last closing price
of $17.55. ​​​

The company's guidance on November 1 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 400 million and 24
million.The company's guidance on November 1 2023 for the period
ended December 31 was for gross profit margin between 21.5% and
22%.
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 2023  0.41        0.41       0.39      Missed  -4.2
 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
 ​​Sep.        0.96        0.95       1.07      Beat    12.6
 30 2022                                                
 Jun. 30 2022  1.35        1.35       1.40      Beat    3.8​
 Mar. 31 2022  1.34        1.31       1.70      Beat    29.3
 Dec. 31 2021  1.30        1.24       1.40      Beat    12.6
 This summary was machine generated February 19 at 22:54 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)