For the quarter ended December 2023, AMN Healthcare Services (AMN - Free Report) reported revenue of $818.27 million, down 27.3% over the same period last year. EPS came in at $1.32, compared to $2.48 in the year-ago quarter.
The reported revenue represents a surprise of +1.89% over the Zacks Consensus Estimate of $803.07 million. With the consensus EPS estimate being $1.26, the EPS surprise was +4.76%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how AMN Healthcare performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Physician and leadership solutions - Days Filled: 49,645 thousand versus 46,806 thousand estimated by two analysts on average.
- Physician and leadership solutions - Revenue per day filled: $2491 thousand versus $2431.5 thousand estimated by two analysts on average.
- Revenue- Physician and leadership solutions: $168.16 million versus the four-analyst average estimate of $155.87 million. The reported number represents a year-over-year change of +0.3%.
- Revenue- Nurse and allied solutions: $537.59 million versus $536.17 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -34.8% change.
- Revenue- Technology and workforce solutions: $112.52 million versus $111.03 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -15.6% change.
- Segment operating income- Nurse and allied solutions: $62.84 million versus the two-analyst average estimate of $67.64 million.
- Segment operating income- Technology and workforce solutions: $41.44 million versus $48.39 million estimated by two analysts on average.
- Segment operating income- Physician and leadership solutions: $21.80 million compared to the $21.48 million average estimate based on two analysts.
View all Key Company Metrics for AMN Healthcare here>>>Shares of AMN Healthcare have returned +6.3% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
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For the quarter ended December 2023, AMN Healthcare Services (AMN - Free Report) reported revenue of $818.27 million, down 27.3% over the same period last year. EPS came in at $1.32, compared to $2.48 in the year-ago quarter.
The reported revenue represents a surprise of +1.89% over the Zacks Consensus Estimate of $803.07 million. With the consensus EPS estimate being $1.26, the EPS surprise was +4.76%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how AMN Healthcare performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Physician and leadership solutions - Days Filled: 49,645 thousand versus 46,806 thousand estimated by two analysts on average.
- Physician and leadership solutions - Revenue per day filled: $2491 thousand versus $2431.5 thousand estimated by two analysts on average.
- Revenue- Physician and leadership solutions: $168.16 million versus the four-analyst average estimate of $155.87 million. The reported number represents a year-over-year change of +0.3%.
- Revenue- Nurse and allied solutions: $537.59 million versus $536.17 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -34.8% change.
- Revenue- Technology and workforce solutions: $112.52 million versus $111.03 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -15.6% change.
- Segment operating income- Nurse and allied solutions: $62.84 million versus the two-analyst average estimate of $67.64 million.
- Segment operating income- Technology and workforce solutions: $41.44 million versus $48.39 million estimated by two analysts on average.
- Segment operating income- Physician and leadership solutions: $21.80 million compared to the $21.48 million average estimate based on two analysts.
View all Key Company Metrics for AMN Healthcare here>>>Shares of AMN Healthcare have returned +6.3% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Research Chief Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.
Free: See Our Top Stock And 4 Runners Up
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