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Compared to Estimates, R1 RCM Inc. (RCM) Q4 Earnings: A Look at Key Metrics
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R1 RCM Inc. (RCM - Free Report) reported $575.1 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.9%. EPS of $0.00 for the same period compares to -$0.09 a year ago.
The reported revenue represents a surprise of +1.79% over the Zacks Consensus Estimate of $564.98 million. With the consensus EPS estimate being $0.02, the EPS surprise was -100.00%.
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 R1 RCM Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Net operating fees: $369.10 million versus $362.88 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.2% change.
Revenue- Modular and other: $182.10 million versus the five-analyst average estimate of $181.80 million. The reported number represents a year-over-year change of +12.1%.
Revenue- Incentive fees: $23.90 million versus the five-analyst average estimate of $25.34 million. The reported number represents a year-over-year change of -7.7%.
Shares of R1 RCM Inc. have returned +32.8% over the past month versus the Zacks S&P 500 composite's +3.8% 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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Compared to Estimates, R1 RCM Inc. (RCM) Q4 Earnings: A Look at Key Metrics
R1 RCM Inc. (RCM - Free Report) reported $575.1 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.9%. EPS of $0.00 for the same period compares to -$0.09 a year ago.
The reported revenue represents a surprise of +1.79% over the Zacks Consensus Estimate of $564.98 million. With the consensus EPS estimate being $0.02, the EPS surprise was -100.00%.
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 R1 RCM Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenue- Net operating fees: $369.10 million versus $362.88 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.2% change.
- Revenue- Modular and other: $182.10 million versus the five-analyst average estimate of $181.80 million. The reported number represents a year-over-year change of +12.1%.
- Revenue- Incentive fees: $23.90 million versus the five-analyst average estimate of $25.34 million. The reported number represents a year-over-year change of -7.7%.
View all Key Company Metrics for R1 RCM Inc. here>>>Shares of R1 RCM Inc. have returned +32.8% over the past month versus the Zacks S&P 500 composite's +3.8% 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.