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AMN Healthcare: 4Q Earnings Snapshot

SAN DIEGO (AP) _ AMN Healthcare Services Inc. (AMN) on Thursday reported fourth-quarter earnings of $27.5 million.

The San Diego-based company said it had profit of 58 cents per share. Earnings, adjusted for one-time gains and costs, were 85 cents per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

The health care staffing company posted revenue of $586.9 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $575.5 million.

For the year, the company reported profit of $114 million, or $2.40 per share. Revenue was reported as $2.22 billion.

For the current quarter ending in April, AMN Healthcare said it expects revenue in the range of $598 million to $605 million.

AMN Healthcare shares have increased 16% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $72.03, a rise of 13% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMN at https://www.zacks.com/ap/AMN