Cross Country Healthcare Inc reports results for the quarter ended in March - Earnings Summary

Cross Country Healthcare

04/05/2023 09:52

* Cross Country Healthcare Inc  CCRN.OQ  reported quarterly
adjusted earnings of 84 cents​​ per share for the quarter ended
in March. The mean expectation of eight analysts for the quarter
was for earnings of 75 cents per share.
    * Revenue fell 21% to $622.71 million from a year ago;
analysts
expected $595.00 million. 
    * Cross Country Healthcare Inc's reported EPS for the
quarter was
81 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Cross Country Healthcare Inc shares had fallen by 3.9%
this
quarter and lost 19.3% so far this year.
    * The company reported quarterly net income of $29.44
million.
    * Wall Street's median 12-month price target for Cross
Country
Healthcare Inc is $32.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 08:51 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.75           0.84           Beat
 Dec. 31 2022      0.89           1.09           Beat
 Sep. 30 2022      0.95           1.07           Beat
 Jun. 30 2022      1.35           1.40           Beat