AMN Healthcare Services(US:AMN) ZACKSยท2024-08-09 00:01Core Insights - AMN Healthcare Services reported revenue of $740.69 million for Q2 2024, a year-over-year decline of 25.3% and an EPS of $0.98 compared to $2.38 a year ago, with a revenue surprise of +0.33% over estimates and an EPS surprise of +30.67% [1] Revenue Performance - Physician and leadership solutions revenue was $186.07 million, below the average estimate of $193.97 million, but showed a year-over-year increase of +5.6% [4] - Nurse and allied solutions revenue was $442.40 million, exceeding the average estimate of $433.30 million, but reflecting a year-over-year decline of -35.8% [5] - Technology and workforce solutions revenue was $112.22 million, slightly above the average estimate of $110.97 million, with a year-over-year decrease of -11% [6] Segment Operating Income - Nurse and allied solutions segment operating income was $46.21 million, slightly below the average estimate of $46.66 million [7] - Technology and workforce solutions segment operating income was $47.26 million, exceeding the average estimate of $43.51 million [7] - Physician and leadership solutions segment operating income was $21.66 million, below the average estimate of $24.42 million [7] Stock Performance - AMN Healthcare shares have returned +27.7% over the past month, contrasting with the Zacks S&P 500 composite's -6.5% change, but the stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance in the near term [8]