R1 RCM Inc reports results for the quarter ended in December - Earnings Summary

R1 RCM

27/02/2024 14:31

* R1 RCM Inc  RCM.OQ  reported quarterly breakeven results​​
per
share for the quarter ended in December, higher than the same
quarter last year, when the company reported EPS of -9 cents. 
The mean expectation of sixteen analysts for the quarter was
for earnings of 2 cents per share. Wall Street expected
results to range from -2 cents to 8 cents per share.
    * Revenue rose 7.9% to $575.10 million from a year ago;
analysts
expected $575.44 million. 
    * R1 RCM Inc's reported EPS for the quarter was breakeven
results​.
    * The company reported quarterly net income of $1.4 million.
    * R1 RCM Inc shares had risen by 31.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 9.4%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the healthcare
facilities & services peer group is also "buy"

Wall Street's median 12-month price target for R1 RCM Inc is
$17.00 
This summary was machine generated from LSEG data February 27 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.02           0.00           Missed
 Sep. 30 2023      0.01           0.00           Missed
 Jun. 30 2023      0.00           0.00           Met
 Mar. 31 2023      -0.02          0.00           Beat