Cross Country Healthcare, Inc. (NASDAQ:CCRN) is reporting third quarter financial results on Wednesday 4th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, CCRN is expected to report 3Q20 loss of $ 0.03 per share from revenue of $ 174.57 million.
For the full year, analysts anticipate top line of $ 788.95 million, while looking forward to income of $ 0.15 per share bottom line.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ -0.06 ~ $ -0.02 per share, while revenues are expected in a range of $ 170.00 million ~ $ 180.00 million
Click Here For More Historical Outlooks Of Cross Country Healthcare, Inc.
Previous Quarter Performance
Cross Country Healthcare, Inc. posted income for the second quarter of $ 0.16 per share, from the revenue of $ 216.78 million. According to street consensus, CCRN was expected to report 2Q20 loss of $ 0.03 per share from revenue of $ 198.89 million. The top line results outshined analysts by $ 17.89 million or 8.99 percent.
Stock Performance
Shares of Cross Country Healthcare, Inc. traded up $ 0.31 or 3.90 percent on Tuesday, reaching $ 8.26 with volume of 213.40 thousand shares. Cross Country Healthcare, Inc. has traded high as $ 8.42 and has cracked $ 7.99 on the downward trend
According to the previous trading day, closing price of $ 8.26, representing a 76.67 % increase from the 52 week low of $ 4.50 and a 40.76 % decrease over the 52 week high of $ 13.42.
The company has a market capital of $ 310.29 million and is part of the Industrials sector and Staffing & Outsourcing Services industry.
Recent Analyst recommendations
- On 8th October 2020, initiated by Bank of America at Underperform rating, with $ 7.50 target price.
Conference Call
Cross Country Healthcare, Inc. will be hosting a conference call at 5:00 PM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.crosscountryhealthcare.com
Cross Country Healthcare, Inc. provides healthcare staffing, recruiting, and workforce solutions in the United States. The company operates in three segments: Nurse and Allied Staffing, Physician Staffing, and Other Human Capital Management Services.
