AMN Healthcare Services, Inc. (AMN) is well-poised for growth in the coming quarters, courtesy of its broad array of services. The optimism led by a solid first-quarter 2024 performance and its healthcare Managed Services Program (MSP) are expected to contribute further. However, changing marketplace conditions and stiff competition are major downsides.Over the past year, this Zacks Rank #3 (Hold) stock has lost 37.3% against the 5.1% rise of the industry and the S&P 500’s 27.7% growth.The renowned player i ...

AMN Healthcare Services, Inc. (AMN) delivered adjusted earnings per share (EPS) of 97 cents in the first quarter of 2024, which declined 61% year over year. However, the figure surpassed the Zacks Consensus Estimate by 4.3%.GAAP EPS for the quarter was 45 cents, reflecting a 77.7% plunge from the year-ago figure.Revenues in DetailAMN Healthcare registered revenues of $820.9 million in the first quarter, down 27.1% year over year. However, the figure surpassed the Zacks Consensus Estimate by 0.7%.Segment Det ...

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 ...