Cross Country Healthcare Inc reports results for the quarter ended March 31 - Earnings Summary

• Cross Country Healthcare Inc CCRN.OQ reported quarterly adjusted earnings of 6 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of eight analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 2 cents to 11 cents per share.

• Revenue fell 22.6% to $293.41 million from a year ago; analysts expected $305.48 million.

• Cross Country Healthcare Inc's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $490 thousand.

• Cross Country Healthcare Inc shares had fallen by 7.1% this quarter and lost 23.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 48.4% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the employment services peer group is also "hold"

• Wall Street's median 12-month price target for Cross Country Healthcare Inc is $18.61

This summary was machine generated from LSEG data May 8 at 10:19 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)