teensexonline.com

Here is What Key Metrics Inform Us About R1 RCM INC (RCM) Q3 Earnings

Date:

R1 RCM Inc. (RCM) reported $656.8 million in income for the quarter ended September 2024, representing a year-over-year improve of 14.7%. EPS of -$0.05 for a similar interval compares to $0.00 a 12 months in the past.

The reported income compares to the Zacks Consensus Estimate of $634.24 million, representing a shock of +3.56%. The corporate delivered an EPS shock of +66.67%, with the consensus EPS estimate being -$0.15.

Whereas buyers scrutinize income and earnings modifications year-over-year and the way they examine with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.

As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s worth efficiency extra precisely.

Right here is how R1 RCM INC carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Avenue analysts:

  • Income- Internet working charges: $413 million versus $360.32 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +12.2% change.
  • Income- Modular and different: $221.40 million versus $247.51 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a +26.7% change.
  • Income- Incentive charges: $22.40 million versus $21.20 million estimated by 4 analysts on common. In comparison with the year-ago quarter, this quantity represents a -25.6% change.

View all Key Company Metrics for R1 RCM INC here>>>

Shares of R1 RCM INC have returned +0.6% over the previous month versus the Zacks S&P 500 composite’s -0.5% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.

Analysis Chief Names “Single Finest Decide to Double”

From hundreds of shares, 5 Zacks specialists every have chosen their favourite to skyrocket +100% or extra in months to come back. From these 5, Director of Analysis Sheraz Mian hand-picks one to have probably the most explosive upside of all.

This firm targets millennial and Gen Z audiences, producing practically $1 billion in income final quarter alone. A latest pullback makes now a perfect time to leap aboard. After all, all our elite picks aren’t winners however this one may far surpass earlier Zacks’ Shares Set to Double like Nano-X Imaging which shot up +129.6% in little greater than 9 months.

Free: See Our Top Stock And 4 Runners Up

Want the latest recommendations from Zacks Investment Research? Today, you can download 5 Stocks Set to Double. Click to get this free report

R1 RCM Inc. (RCM) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.

Share post:

Subscribe

Popular

More like this
Related