Earnings Outlook For Cross Country Healthcare
Portfolio Pulse from Benzinga Insights
Cross Country Healthcare (NASDAQ:CCRN) is scheduled to release its quarterly earnings report on February 21, 2024, with an estimated EPS of $0.27. Historical performance shows a mixed reaction to earnings reports, with the last quarter missing estimates and resulting in a 13.77% share price drop. Over the last year, CCRN shares have declined by 35.4%, indicating potential investor concern ahead of the earnings announcement.
February 20, 2024 | 3:01 pm
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Cross Country Healthcare is expected to report an EPS of $0.27 for the upcoming quarter. Historical data shows significant price movements post-earnings, with a notable 13.77% drop after last quarter's miss. Shares have decreased by 35.4% over the past year, reflecting investor skepticism.
Given Cross Country Healthcare's recent history of earnings misses and subsequent stock price volatility, the upcoming earnings report is crucial. However, the exact impact on the stock price will depend on whether CCRN meets or exceeds the EPS estimate and provides positive future guidance. The past year's negative return indicates investor caution, making this earnings report particularly significant for short-term stock movement.
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