AMN Healthcare (AMN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended December 2023, AMN Healthcare Services (AMN) reported revenue of $818.27 million, down 27.3% over the same period last year. EPS came in at $1.32, compared to $2.48 in the year-ago quarter.
The reported revenue represents a surprise of +1.89% over the Zacks Consensus Estimate of $803.07 million. With the consensus EPS estimate being $1.26, the EPS surprise was +4.76%.
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 AMN Healthcare performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Physician and leadership solutions - Days Filled: 49,645 thousand versus 46,806 thousand estimated by two analysts on average.
Physician and leadership solutions - Revenue per day filled: $2491 thousand versus $2431.5 thousand estimated by two analysts on average.
Revenue- Physician and leadership solutions: $168.16 million versus the four-analyst average estimate of $155.87 million. The reported number represents a year-over-year change of +0.3%.
Revenue- Nurse and allied solutions: $537.59 million versus $536.17 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -34.8% change.
Revenue- Technology and workforce solutions: $112.52 million versus $111.03 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -15.6% change.
Segment operating income- Nurse and allied solutions: $62.84 million versus the two-analyst average estimate of $67.64 million.
Segment operating income- Technology and workforce solutions: $41.44 million versus $48.39 million estimated by two analysts on average.
Segment operating income- Physician and leadership solutions: $21.80 million compared to the $21.48 million average estimate based on two analysts.
View all Key Company Metrics for AMN Healthcare here>>>
Shares of AMN Healthcare have returned +6.3% over the past month versus the Zacks S&P 500 composite's +4.6% 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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AMN Healthcare Services Inc (AMN) : Free Stock Analysis Report
