AMN Healthcare Services, Inc. (NYSE:AMN) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Randle Reece – Senior Director-Investor Relations Cary Grace – President and Chief Executive Officer Jeff Knudson – Chief Financial Officer Conference Call Participants Kevin Fischbeck – Bank of America Trevor Romeo – William Blair A.J. Rice – UBS Brian Tanquilut – Jefferies Jeff Silber – BMO Capital Markets Tobey Sommer – Truist Securities Constantine Davides – Citizens JMP Bill Sutherland ...

For the quarter ended March 2024, AMN Healthcare Services (AMN) reported revenue of $820.88 million, down 27.1% over the same period last year. EPS came in at $0.97, compared to $2.49 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $814.96 million, representing a surprise of +0.73%. The company delivered an EPS surprise of +4.30%, with the consensus EPS estimate being $0.93.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

Core Insights - AMN Healthcare Services reported quarterly earnings of $0.97 per share, exceeding the Zacks Consensus Estimate of $0.93 per share, but down from $2.49 per share a year ago, indicating a significant year-over-year decline [1] - The company achieved revenues of $820.88 million for the quarter, surpassing the Zacks Consensus Estimate by 0.73%, but down from $1.13 billion in the same quarter last year [1] - AMN Healthcare has consistently surpassed consensus EPS and revenue estimates over the last four quarters [1] Earnings Performance - The earnings surprise for the recent quarter was 4.30%, and the company also delivered a surprise of 4.76% in the previous quarter [1] - The current consensus EPS estimate for the upcoming quarter is $0.90, with expected revenues of $777.49 million, while the estimate for the current fiscal year is $3.86 on $3.16 billion in revenues [4] Stock Performance and Outlook - AMN Healthcare shares have declined approximately 19.5% since the beginning of the year, contrasting with the S&P 500's gain of 8.8% [2] - The estimate revisions trend for AMN Healthcare is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [4] Industry Context - The Medical Services industry, to which AMN Healthcare belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a relatively strong position within the sector [5] - Another company in the Medical sector, Cue Health Inc., is expected to report a quarterly loss of $0.40 per share, reflecting a year-over-year change of +16.7%, with revenues anticipated to be $10.16 million, down 59% from the previous year [5][6]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No.: 001-16753 AMN HEALTHCARE SERVICES, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware ...

Quarterly revenue of $821 million; GAAP EPS of $0.45 and adjusted EPS of $0.97 DALLAS, May 09, 2024 (GLOBE NEWSWIRE) -- AMN Healthcare Services, Inc. (NYSE:AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced its first quarter 2024 financial results. Financial highlights are as follows: Dollars in millions, except per share amounts.  Q1 2024% Change Q1 2023Revenue$820.9(27%) Gross profit$257.5(30%) Net income$17.3(79%) GAAP diluted E ...

EXHIBIT 99.1 AMN HEALTHCARE ANNOUNCES FIRST QUARTER 2024 RESULTS Quarterly revenue of $821 million; GAAP EPS of $0.45 and adjusted EPS of $0.97 DALLAS — AMN Healthcare Services, Inc. (NYSE: AMN), the leader and innovator in total talent solutions for healthcare organizations across the United States, today announced its first quarter 2024 financial results. Financial highlights are as follows: Dollars in millions, except per share amounts. | --- | --- | --- | --- | |---------------------------|-------|----- ...

Wall Street analysts forecast that AMN Healthcare Services (AMN) will report quarterly earnings of $0.93 per share in its upcoming release, pointing to a year-over-year decline of 62.7%. It is anticipated that revenues will amount to $814.96 million, exhibiting a decline of 27.6% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 2.4% to its current level. This demonstrates the covering analysts' collective reassessment of their i ...

DALLAS, May 06, 2024 (GLOBE NEWSWIRE) -- The majority of nurses (80%) think 2024 will be either no better or worse for nurses than 2023, according to a new survey by AMN Healthcare, the nation's leading healthcare workforce solutions company. Forty-two percent said 2024 will be the same for nurses as 2023, 38% said it will be worse, while only 20% said it will be better. "Nurses weathered the storm of COVID-19, but many still see clouds ahead for the profession," said Robin Johnson, Group President of Nursi ...

DALLAS, April 23, 2024 (GLOBE NEWSWIRE) -- Physicians and advanced practice professionals are opting for the flexibility of temporary, "locum tenens" work in order to improve job conditions and address feelings of burnout, according to a new survey by AMN Healthcare, the nation's leading healthcare workforce solutions company. Latin for "to hold a place," locum tenens refers to physicians and other clinicians who work on temporary assignments that can range from a few days to up to a year. The survey asked ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:AMN Healthcare Services, Inc. (AMN) is a healthcare workforce solutions and staffing services company. The Zacks Consensus Estimate for its current year earnings has been revised 9.4% downward over the last 60 days.PROG Holdings, Inc. (PRG) is a fin-tech company that provides payment options. The Zacks Consensus Estimate for its current year earnings has been revised 12.9% downward over the last 60 days.Arcadia Biosciences, Inc. (RKDA ...