Cross Country Healthcare Inc reports results for the quarter ended in September 30 - Earnings Summary

Reuters
07 Nov 2024

* Cross Country Healthcare Inc reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 39 cents. The mean expectation of eight analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 8 cents to 11 cents per share.

* Revenue fell 28.8% to $315.12 million from a year ago; analysts expected $310.22 million.

* Cross Country Healthcare Inc's reported EPS for the quarter was 8 cents​.

* The company reported quarterly net income of $2.56 million.

* Cross Country Healthcare Inc shares had fallen by 9.6% this quarter and lost 46.3% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

* In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

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

Wall Street's median 12-month price target for Cross Country Healthcare Inc is $19.00 This summary was machine generated from LSEG data November 7 at 02:50 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

Sep. 30 2024 0.10 0.12 Beat

Jun. 30 2024 0.13 0.10 Missed

Mar. 31 2024 0.17 0.19 Beat

Dec. 31 2023 0.27 0.29 Beat

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