Nurse staffing firm Cross Country Healthcare's Q3 revenue misses estimates

Cross Country Healthcare

12/11/2025 22:06

Overview

Cross Country Q3 revenue declines 21% yr/yr, missing analyst expectations

Adjusted EPS for Q3 misses consensus, reflecting operational challenges

Company reports strong Homecare Staffing performance, with revenue up 29% yr/yr

Outlook

Company will not provide forward-looking guidance due to pending Aya merger

Result Drivers

HOMECARE STAFFING - Co reports strong performance in Homecare Staffing with revenue growing over 29% yr/yr

SG&A EXPENSES - Sequential decline in SG&A expenses due to leveraging low-cost center in India

CASH FLOW - Positive cash flow from operations of $20 mln supports investment in technology platforms

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Miss
$250.05 mln
$270.75 mln (6 Analysts)
Q3 Adjusted EPS
Miss
$0.03
$0.04 (6 Analysts)
Q3 EPS
-$0.15
Q3 Net Income
-$4.77 mln
Q3 Adjusted EBITDA
Miss
$6.52 mln
$7.51 mln (6 Analysts)
Q3 Gross Margin
20.40%
Q3 Adjusted EBITDA Margin
2.6%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the employment services peer group is "buy."

Wall Street's median 12-month price target for Cross Country Healthcare Inc is $18.61, about 33.2% above its November 11 closing price of $12.43

The stock recently traded at 52 times the next 12-month earnings vs. a P/E of 39 three months ago

Press Release: ID:nBw31jrRXa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)