Cross Country Healthcare Inc expected to post earnings of 41  cents a share - Earnings Preview

Cross Country Healthcare

30/10/2023 20:13

* Cross Country Healthcare Inc  CCRN.OQ   CCRN.O  is
expected
to show a fall in quarterly revenue when it reports  results 
    * The Boca Raton Florida-based  company is expected to
report  a
30.2% decrease in revenue to $443.903 million from $636.1
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 2 2023, for the period ended September 30, was for
revenue between 440.00 million and 450.00 million.
    * ​Refinitiv's mean analyst estimate for Cross Country
Healthcare
Inc is for earnings of 41 cents per share. The company's EPS
guidance on August 2 2023, for the period ended September
30, was between 0.35 and 0.45 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $29​, above​ its last closing price of $23.02.
​​​

The company's guidance on August 2 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 440 million and 32
million.The company's guidance on August 2 2023 for the period
ended September 30 was for gross profit margin between 22.5% and
23%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.96        0.95       1.07      Beat    12.6
 ​​Jun.        1.35        1.35       1.40      Beat    3.8
 30 2022                                                
 Mar. 31 2022  1.34        1.31       1.70      Beat    29.3​
 Dec. 31 2021  1.30        1.24       1.40      Beat    12.6
 Sep. 30 2021  0.34        0.34       0.61      Beat    77
 This summary was machine generated October 30 at 20:12 GMT.  All
figures in US dollars  unless otherwise stated