Cross Country Healthcare (NASDAQ:CCRN) issued its quarterly earnings results on Tuesday. The business services provider reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.02), Bloomberg Earnings reports. The company had revenue of $219.67 million during the quarter, compared to analysts’ expectations of $225.60 million. Cross Country Healthcare had a return on equity of 11.69% and a net margin of 0.19%. Cross Country Healthcare’s revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.20 EPS.
Cross Country Healthcare (CCRN) traded down $0.24 during trading on Wednesday, hitting $12.95. 103,056 shares of the stock were exchanged, compared to its average volume of 168,284. Cross Country Healthcare has a fifty-two week low of $11.07 and a fifty-two week high of $16.14. The stock has a market capitalization of $474.62, a price-to-earnings ratio of 20.33, a price-to-earnings-growth ratio of 1.72 and a beta of 0.68. The company has a debt-to-equity ratio of 0.46, a current ratio of 2.14 and a quick ratio of 2.14.
In related news, General Counsel Susan E. Ball sold 25,000 shares of the company’s stock in a transaction dated Friday, December 8th. The shares were sold at an average price of $14.19, for a total value of $354,750.00. Following the completion of the sale, the general counsel now owns 126,921 shares of the company’s stock, valued at $1,801,008.99. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 3.90% of the stock is owned by corporate insiders.
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Cross Country Healthcare Company Profile
Cross Country Healthcare, Inc is engaged in providing healthcare recruiting, staffing, recruiting and workforce solutions. The Company operates in three segments: Nurse and Allied Staffing, Physician Staffing and Other Human Capital Management Services. The Nurse and Allied Staffing segment provides traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch-based local nurses and allied staffing.
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