AMN Healthcare Services (AHS) reported quarterly earnings results on Thursday, Aug-4-2016. The company said it had a profit of $0.61 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.08. Analysts had a consensus of $0.53. The company posted revenue of $473.70 million in the period, compared to analysts expectations of $455.14 million. The company’s revenue was up 35.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.
Many Wall Street Analysts have commented on AMN Healthcare Services. Lake Street Initiated AMN Healthcare Services on May 31, 2016 to “Buy”, Price Target of the shares are set at $46.
AMN Healthcare Services closed down -0.7 points or -1.62% at $42.61 with 6,39,801 shares getting traded on Tusday. Post opening the session at $43.37, the shares hit an intraday low of $42.45 and an intraday high of $43.87 and the price fluctuated in this range throughout the day.Shares ended Tusday session in Red.
In a different news, on Jun 8, 2016, Susan R Salka (President and CEO) sold 30,000 shares at $40.00 per share price. According to the SEC, on Jun 8, 2016, Ralph Henderson (Pres., Prof. Svc. & Staffing) sold 20,000 shares at $39.33 per share price. On May 10, 2016, Paul E Weaver (director) sold 12,000 shares at $38.43 per share price, according to the Form-4 filing with the securities and exchange commission.
AMN Healthcare Services Inc. (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Company’s workforce solutions include managed services programs (MSP) vendor management systems (VMS) recruitment process outsourcing (RPO) workforce consulting services predictive modeling staff scheduling and the placement of physicians nurses and allied healthcare professionals into temporary and permanent positions enable its clients to reduce staffing complexity increase efficiency and improve patient outcomes within the rapidly evolving healthcare environment. The Company’s clients include acute and sub-acute care hospitals community health centers and clinics physician practice groups home health facilities and several other healthcare settings. The Company provides its services through three segments: Nurse and Allied Healthcare Staffing Segment Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.