AMN Earnings Prediction
The chart below shows how AMN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AMN sees a +1.49% change in stock price 10 days leading up to the earnings, and a -8.10% change 10 days following the report. On the earnings day itself, the stock moves by -0.04%. This data can give you a slight idea of what to expect for the next quarter's release.
AMN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
687.51M
-19.44%
-7.18%
Gross Margin
25.01%
-14.73%
-0.79%
Operating Margin
3.24%
-68.20%
-36.35%
Net Margin
1.02%
-83.63%
-53.42%
EPS
0.18
-87.05%
-57.14%
No Data Available
AMN Earnings Analysis
AMN Healthcare Services Corporation (AMN.N) Earnings Conference Call
Positive
Revenue Exceeds Guidance: Revenue of $688 million was above the high-end of guidance.
EBITDA Exceeds Analyst Estimates: Adjusted EBITDA of $74 million was above the consensus of sell-side analyst estimates.
Q3 Revenue Performance: Nurse and Allied Solutions reported $399 million in revenue in the third quarter, 4% better than consensus due primarily to several beneficial factors that increased revenue by approximately 2%.
Market Stabilization Signs: We continue to see signs of a stabilizing market with increasing demand for travel nurse staffing and healthy demand in most other staffing markets.
Stable Clinician Bill Rates: We have also seen relatively stable bill rates for clinicians placed across our nurse, allied and locums businesses.
Negative
Revenue Decline Analysis: Revenue decreased by 19% from the third quarter of 2023 and down 7% sequentially, primarily due to lower volume in nurse and allied interim and search businesses.
Gross Margin Decline: Consolidated gross margin for the third quarter was 31%, a decrease of 290 basis points year-over-year, driven by lower-margin across all three segments.
EBITDA Decline Analysis: Third quarter adjusted EBITDA was $74 million, a decrease of 45% year-over-year and 21% sequentially.
Net Income Decline: Third quarter net income was $7 million, down 87% year-over-year and 57% sequentially.
Earnings Per Share Decline: Third quarter GAAP-diluted earnings per share was $0.18, compared to $1.97 in the prior year period and $0.98 in the prior quarter.
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AMN Earning Call Sentiment
AMN Healthcare Services, Inc. (AMN) Q3 2024 Earnings Call Transcript
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AMN.N
-4.7%Positive
The earnings call reveals significant challenges: declining gross margins, revenue, and net income, coupled with increased long-term debt. The Q&A highlighted margin pressure and competitive intensity, with management avoiding clarity on key issues. Despite some growth in specific segments, the overall sentiment is negative, reflecting weak financial performance and uncertain outlook. Given the company's small market cap, these factors are likely to drive a strong negative stock price reaction over the next two weeks.
