AMN Healthcare Services Earnings: Here’s Why Investors Like These Results

AMN Healthcare Services Inc. (NYSE:AHS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 4.33%.

AMN Healthcare Services Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 275% to $0.15 in the quarter versus EPS of $0.04 in the year-earlier quarter.

Revenue: Rose 36.73% to $247.8 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: AMN Healthcare Services Inc. reported adjusted EPS income of $0.15 per share. By that measure, the company beat the mean analyst estimate of $0.11. It beat the average revenue estimate of $241.91 million.

Quoting Management: “AMN Healthcare made tremendous strides in executing on our long-term strategy during 2012. The investments we made to develop successful, innovative workforce solutions, coupled with the strong execution by our teams, have created significant differentiation and value for our clients,” said Susan R. Salka, President and Chief Executive Officer of AMN Healthcare. “We expect 2013 to be another year of steady growth, improved profitability and solid cash flows. Further growth in MSP and other workforce solutions is expected and we will continue to be at the forefront of innovating and delivering quality, economically beneficial solutions and staffing services to our clients as they navigate through the transformational trends in healthcare.”

Key Stats (on next page)…