AMN Healthcare Services (NYSE:AMN) Posts Quarterly Earnings Results, Beats Estimates By $0.93 EPS

by · The Markets Daily

AMN Healthcare Services (NYSE:AMN – Get Free Report) announced its earnings results on Thursday. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.93, FiscalAI reports. The firm had revenue of $717.27 million during the quarter, compared to analyst estimates of $649.55 million. AMN Healthcare Services had a return on equity of 19.92% and a net margin of 3.06%. The business’s revenue was up 13.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.39 EPS.

Here are the key takeaways from AMN Healthcare Services’ conference call:

  • AMN reported third-quarter revenue of $717 million, up 13% year over year, though growth was 6% excluding labor disruption activity. A favorable $51 million reserve adjustment materially boosted reported gross margin; adjusted EBITDA was $94 million.
  • Nurse and Allied revenue grew 15% year over year excluding labor disruption activity, with travel nurse volume up 21% and allied volume up 12%. Management attributed the gains to stronger market demand and improved recruiting and placement execution, while noting that bill rates have yet to rise broadly.
  • AMN forecast fourth-quarter revenue of $655 million–$670 million and adjusted EBITDA margin of 5.8%–6.3%; the year-over-year revenue decline largely reflects lower labor disruption revenue. Visa appointment delays are also expected to constrain international nurse placements into 2027, with a further sequential step-down anticipated after Q4.
  • Technology and Workforce Solutions revenue fell 9% year over year, with language-services pricing down 9% and margin pressured by contract repricing. Management expects its lower-cost global interpreter model to support margin recovery in 2027; it also expects locums process and technology improvements to help return that business to growth next year.

AMN Healthcare Services Price Performance

Shares of AMN stock traded down $11.67 during mid-day trading on Friday, hitting $35.75. The company had a trading volume of 1,855,562 shares, compared to its average volume of 948,680. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.13 and a quick ratio of 1.13. The stock’s 50 day moving average price is $38.19 and its 200-day moving average price is $29.07. AMN Healthcare Services has a 52-week low of $14.97 and a 52-week high of $49.62. The company has a market capitalization of $1.38 billion, a P/E ratio of 13.00, a P/E/G ratio of 1.57 and a beta of 0.42.

More AMN Healthcare Services News

Here are the key news stories impacting AMN Healthcare Services this week:

  • Positive Sentiment: Q3 results beat estimates: Adjusted EPS was $1.16 versus consensus of about $0.23, and revenue of $717.3 million exceeded the $649.6 million estimate. Revenue rose 13% year over year. AMN Healthcare Q3 results
  • Positive Sentiment: Revenue guidance topped consensus: AMN forecast fourth-quarter 2026 revenue of $655 million–$670 million, above analysts’ $651.7 million estimate. Q3 results and outlook
  • Positive Sentiment: Analyst turned more bullish: Citizens JMP raised its AMN price target from $40 to $51 and maintained a “market outperform” rating. Citizens JMP rating

Analyst Ratings Changes

Several analysts recently weighed in on AMN shares. Wall Street Zen downgraded AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Tuesday, August 25th. Truist Financial upped their price objective on AMN Healthcare Services from $26.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. UBS Group raised their price target on shares of AMN Healthcare Services from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, August 7th. BMO Capital Markets upped their price objective on AMN Healthcare Services from $40.00 to $43.00 and gave the company an “outperform” rating in a research report on Friday, October 9th. Finally, Robert W. Baird set a $36.00 price objective on shares of AMN Healthcare Services in a research note on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $38.33.

Check Out Our Latest Stock Analysis on AMN

About AMN Healthcare Services

(Get Free Report)

AMN Healthcare Services, Inc is a healthcare workforce solutions and technology company that helps hospitals, health systems, medical practices and other healthcare organizations recruit, deploy and manage clinical and nonclinical personnel. The company operates through a portfolio of staffing, workforce management and language-services businesses.

Its services include temporary and permanent placement of registered nurses, allied healthcare professionals and physicians, as well as locum tenens staffing for doctors and advanced practice professionals.

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