AMN Healthcare Services (NYSE:AMN) Issues Quarterly Earnings Results, Beats Expectations By $0.58 EPS

AMN Healthcare Services (NYSE:AMN) posted its quarterly earnings data on Thursday. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.58, FiscalAI reports. The company had revenue of $673.24 million during the quarter, compared to analyst estimates of $628.39 million. AMN Healthcare Services had a return on equity of 20.48% and a net margin of 3.06%.The firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $0.30 earnings per share.

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

• Second-quarter results exceeded expectations: Revenue rose 2% year over year to $673 million, 6% above the high end of guidance, while adjusted EBITDA increased 26% to $73 million and adjusted EPS rose to $0.77 from $0.30. Results benefited from $25 million of labor-disruption revenue versus the $10 million assumed in guidance, including approximately $27 million of favorable nonrecurring items.
• Nurse and Allied Solutions showed a meaningful demand recovery. Segment revenue grew 11%, with travel nurse volume up 6% and Allied volume up 7%; travel nurse orders were up about 40% year over year in early August. The company expects more than 10% volume growth for both businesses in the third quarter, although bill rates have not yet meaningfully increased.
• AMN strengthened its financial flexibility, ending the quarter with $362 million in cash, $750 million of debt, and 1.5x leverage. Management said the balance sheet enables modest share repurchases and potentially more active participation in industry consolidation, while two small acquisitions expanded its leadership assessment and AI-enabled language-services offerings.
• Several businesses remain under pressure: Physician and Leadership Solutions revenue declined 6% and Technology and Workforce Solutions revenue fell 15% year over year. Language-services pricing dropped 8% and is expected to remain a headwind through 2026, while locums is undergoing a technology and process transformation that management does not expect to restore year-over-year growth until 2027.
• Third-quarter guidance calls for consolidated revenue of $640 million-$655 million and adjusted EBITDA margins of 6.5%-7%, below the reported second-quarter margin because of nonrecurring benefits and a less favorable business mix. International nursing growth in 2027 may also be constrained by embassy appointment backlogs despite faster visa cutoff-date progress.

AMN Healthcare Services Trading Up 16.7%

AMN Healthcare Services stock traded up $5.13 during trading hours on Friday, reaching $35.93. The company had a trading volume of 1,517,139 shares, compared to its average volume of 749,640. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.09 and a quick ratio of 1.09. AMN Healthcare Services has a 12-month low of $14.86 and a 12-month high of $36.86. The company has a 50-day moving average price of $32.51 and a 200 day moving average price of $25.09. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 0.71 and a beta of 0.40.

Insider Buying and Selling at AMN Healthcare Services

In other news, Director Mark G. Foletta sold 3,681 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $31.07, for a total value of $114,368.67. Following the transaction, the director owned 17,917 shares in the company, valued at approximately $556,681.19. This trade represents a 17.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.07% of the company’s stock.

Institutional Investors Weigh In On AMN Healthcare Services

Several institutional investors have recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC raised its stake in shares of AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after buying an additional 1,020 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of AMN Healthcare Services by 2.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock worth $1,050,000 after buying an additional 1,153 shares during the last quarter. Swiss National Bank grew its holdings in AMN Healthcare Services by 1.9% during the fourth quarter. Swiss National Bank now owns 75,600 shares of the company’s stock worth $1,191,000 after acquiring an additional 1,400 shares during the period. Creative Planning grew its holdings in AMN Healthcare Services by 11.0% during the third quarter. Creative Planning now owns 14,664 shares of the company’s stock worth $284,000 after acquiring an additional 1,451 shares during the period. Finally, Orion Porfolio Solutions LLC raised its position in AMN Healthcare Services by 6.1% during the second quarter. Orion Porfolio Solutions LLC now owns 29,339 shares of the company’s stock valued at $606,000 after acquiring an additional 1,679 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AMN shares. Citigroup reiterated a “market outperform” rating on shares of AMN Healthcare Services in a research report on Tuesday, June 23rd. Weiss Ratings raised shares of AMN Healthcare Services from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, June 17th. Zacks Research lowered shares of AMN Healthcare Services from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 20th. BMO Capital Markets raised their price target on AMN Healthcare Services from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Monday, May 11th. Finally, Wall Street Zen cut AMN Healthcare Services from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, AMN Healthcare Services currently has an average rating of “Hold” and an average target price of $30.86.

Trending Headlines about AMN Healthcare Services

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

• Positive Sentiment: Quarterly earnings and revenue topped estimates. AMN reported adjusted EPS of $0.77, up from $0.30 a year earlier and well above analysts’ expectations of approximately $0.19-$0.22. Revenue rose 2.3% year over year to $673 million, exceeding the roughly $628 million consensus estimate. GAAP earnings were $0.53 per share, while adjusted EBITDA totaled $73 million. AMN Healthcare Announces Second Quarter 2026 Results
• Positive Sentiment: Growth was broad-based across staffing and search services. Results benefited from higher demand in travel nursing, allied healthcare staffing and executive search, along with activity related to labor disruptions. The earnings beat suggests AMN is gaining operating leverage as demand stabilizes. AMN Q2 Earnings Beat Estimates on Staffing and Search Growth
• Positive Sentiment: Third-quarter revenue guidance exceeded expectations. Management forecast Q3 revenue of $640 million to $655 million, above the consensus estimate of $618.4 million. Although the range implies a sequential decline from Q2, it indicates stronger near-term demand than analysts had projected. AMN Healthcare Quarterly Earnings Report
• Neutral Sentiment: The company continues to face a challenging staffing environment, including a negative reported net margin, while investors will watch whether the recent earnings strength can persist after labor-disruption-related activity.

About AMN Healthcare Services

AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.

Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.