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Compared to Estimates, AMN Healthcare (AMN) Q2 Earnings: A Look at Key Metrics

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AMN Healthcare Services (AMN - Free Report) reported $740.69 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 25.3%. EPS of $0.98 for the same period compares to $2.38 a year ago.

The reported revenue represents a surprise of +0.33% over the Zacks Consensus Estimate of $738.23 million. With the consensus EPS estimate being $0.75, the EPS surprise was +30.67%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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

    : 56.24 million versus the two-analyst average estimate of 58.48 million.
  • Physician and leadership solutions - Revenue per day filled

    : $2.54 million versus the two-analyst average estimate of $2.60 million.
  • Revenue- Physician and leadership solutions

    : $186.07 million versus $193.97 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +5.6% change.
  • Revenue- Nurse and allied solutions

    : $442.40 million versus the four-analyst average estimate of $433.30 million. The reported number represents a year-over-year change of -35.8%.
  • Revenue- Technology and workforce solutions

    : $112.22 million compared to the $110.97 million average estimate based on four analysts. The reported number represents a change of -11% year over year.
  • Segment operating income- Nurse and allied solutions

    : $46.21 million compared to the $46.66 million average estimate based on two analysts.
  • Segment operating income- Technology and workforce solutions

    : $47.26 million compared to the $43.51 million average estimate based on two analysts.
  • Segment operating income- Physician and leadership solutions

    : $21.66 million versus $24.42 million estimated by two analysts on average.
View all Key Company Metrics for AMN Healthcare here>>>

Shares of AMN Healthcare have returned +27.7% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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