R1 RCM Inc expected to post earnings of 2 cents a share - Earnings Preview

R1 RCM

23/02/2024 15:25

* R1 RCM Inc  RCM.OQ   RCM.O  is expected to show a rise in
quarterly revenue when it reports  results on February 27 for
the period ending December 31 2023
    * The Murray Utah-based  company is expected to report a
8.6% increase in revenue to $578.691 million from $532.8 million
a year ago, according to the mean estimate from 13 analysts,
based on LSEG data.The company's guidance on January 8 2024, for
the period ended December 31, was for revenue between $563.00
million and $567.00 million. (Revenue is on total revenue basis)
    * ​LSEG's mean analyst estimate for R1 RCM Inc is for
earnings of
2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 1
"hold" and no "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 R1 RCM Inc
is
$17.00​, above​ its last closing price of $11.14. ​​​

The company's guidance on January 8 2024 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD36 million and USD39 million.The company's guidance on
January 8 2024 for the period ended December 31 was for Earnings
before Interest, Taxes, Depreciation and Amortization of between
USD563 million and USD166 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.01        0.01       0.00      Missed  -100
 Jun. 30 2023  -0.01       0.00       0.00      Met     100
 Mar. 31 2023  -0.02       -0.02      0.00      Beat    100​
 Dec. 31 2022  -0.06       -0.05      -0.09     Missed  -76.1
 ​​Sep.        0.09        0.10       -0.07     Missed  -170.9
 30 2022                                                
 Jun. 30 2022  0.00        0.04       -0.07     Missed  -281.5
                                                        ​
 Mar. 31 2022  0.10        0.10       0.09      Missed  -11.5
 Dec. 31 2021  0.11        0.11       0.11      Met     3.1
 This summary was machine generated February 23 at 15:24 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)