R1 RCM Inc expected to post a loss of 1 cent a share - Earnings Preview

R1 RCM

06/05/2024 14:50

* R1 RCM Inc  RCM.OQ   RCM.O  is expected to show a rise in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Murray Utah-based  company is expected to report a
12.2% increase in revenue to $611.932 million from $545.6
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for R1 RCM Inc is for a loss
of 1
cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 18.2%
in the last three months. ​
    * Wall Street's median 12-month price target for R1 RCM Inc
is
$17.00​, above​ its last closing price of $12.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.02        0.02       0.00      Missed  -100
 Sep. 30 2023  0.01        0.01       0.00      Missed  -100
 Jan. 1 0001   -0.01       0.00       0.00      Met     100​
 Jan. 1 0001   -0.02       -0.02      0.00      Beat    100
 ​​Dec.        -0.06       -0.05      -0.09     Missed  -76.1
 31 2022                                                
 Sep. 30 2022  0.09        0.10       -0.07     Missed  -170.9
                                                        ​
 Jun. 30 2022  0.00        0.04       -0.07     Missed  -281.5
 Mar. 31 2022  0.10        0.10       0.09      Missed  -11.5
 This summary was machine generated May 6 at 13:50 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)