Latest News by Industry
DALLAS (AP) — DALLAS (AP) — AMN Healthcare Services Inc. (AMN) on Thursday reported first-quarter net income of $84.1 million.
The Dallas-based company said it had profit of $2.02 per share. Earnings, adjusted for one-time gains and costs, were $2.49 per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.36 per share.
The health care staffing company posted revenue of $1.13 billion in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $1.11 billion.
For the current quarter ending in June, AMN Healthcare said it expects revenue in the range of $970 million to $1 billion.
AMN Healthcare shares have declined 17% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $85.10, a drop of 15% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a AMN">Zacks stock report on AMN at https://www.zacks.com/ap/AMN