AMN Healthcare Services Inc. Q1 Profit Increases, beats estimates

AMN Healthcare Services Inc. (AMN) announced a profit for its first quarter that increased from last year and beat the Street estimates.

The company's earnings totaled $146.01 million, or $3.09 per share. This compares with $70.38 million, or $1.47 per share, in last year's first quarter.

Excluding items, AMN Healthcare Services Inc. reported adjusted earnings of $164.61 million or $3.49 per share for the period.

Analysts on average had expected the company to earn $3.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 74.2% to $1.55 billion from $0.89 billion last year.

AMN Healthcare Services Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $146.01 Mln. vs. $70.38 Mln. last year.
-EPS (Q1): $3.09 vs. $1.47 last year.
-Analyst Estimate: $3.20
-Revenue (Q1): $1.55 Bln vs. $0.89 Bln last year.

Next quarter revenue guidance: $1.340- $1.380 Bln

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