Cross Country Healthcare Inc expected to post earnings of 95cents a share - Earnings Preview

Cross Country Healthcare

31/10/2022 20:46

* Cross Country Healthcare Inc  CCRN.OQ   CCRN.O  is
expected
to show a rise in quarterly revenue when it reports  results on
November 2. 
    * The Boca Raton Florida-based  company is expected to
report  a
64.7% increase in revenue to $617.54 million from $374.91
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 3 2022, for the period ended September 30, was for
revenue between 605.00 million and 615.00 million.
    * ​Refinitiv's mean analyst estimate for Cross Country
Healthcare
Inc is for earnings of 95 cents per share. The company's EPS
guidance on August 3 2022, for the period ended September
30, 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 $38.5​, above​ its last closing price
of $38.10. ​​​

The company's guidance on August 3 2022 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 605 million and 61.5
million.The company's guidance on August 3 2022 for the period
ended September 30 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  
 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. 30 2021  0.34        0.34       0.61      Beat    77
 ​​Jun.        0.40        0.40       0.47      Beat    18.7
 30 2021                                                
 Mar. 31 2021  0.34        0.34       0.58      Beat    69.9​
 Dec. 31 2020  0.09        0.09       0.19      Beat    121.6
 Sep. 30 2020  -0.03       -0.03      0.12      Beat    508.4
 This summary was machine generated October 31 at 20:46 GMT.  All
figures in US dollars  unless otherwise stated