Cross Country Healthcare Inc expected to post earnings of 89cents a share - Earnings Preview

Cross Country Healthcare

21/02/2023 02:24

* Cross Country Healthcare Inc  CCRN.OQ   CCRN.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 22. 
    * The Boca Raton Florida-based  company is expected to
report  a
7.2% decrease in revenue to $594.567 million from $640.68
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
November 2 2022, for the period ended December 31, was for
revenue between 590.00 million and 600.00 million.
    * ​Refinitiv's mean analyst estimate for Cross Country
Healthcare
Inc is for earnings of 89 cents per share. The company's EPS
guidance on November 2 2022, for the period ended December
31, was between 0.85 and 0.95 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $41.5​, above​ its last closing price
of $25.60. ​​​

The company's guidance on November 2 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 590 million and 57
million.The company's guidance on November 2 2022 for the period
ended December 31 was for gross profit margin between 22.3% and
22.8%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.96        0.95       1.07      Beat    12.6
 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
 ​​Sep.        0.34        0.34       0.61      Beat    77
 30 2021                                                
 Jun. 30 2021  0.40        0.40       0.47      Beat    18.7​
 Mar. 31 2021  0.34        0.34       0.58      Beat    69.9
 Dec. 31 2020  0.09        0.09       0.19      Beat    121.6
 This summary was machine generated February 21 at 02:24 GMT. 
All figures in US dollars  unless otherwise stated