William Blair Has Pessimistic Outlook of CCRN Q3 Earnings

Key Points

• William Blair has significantly reduced its Q3 2025 EPS estimate for Cross Country Healthcare from $0.15 to $0.03, which reflects a concerning outlook for the company.
• Cross Country Healthcare recently reported a Q2 earnings miss, with earnings of ($0.01) per share against expectations of $0.07, alongside lower-than-anticipated revenue of $274.07 million.
• Investment analysts exhibit a cautious stance on Cross Country Healthcare, exemplified by UBS Group's adjustment of their price target from $18.61 to $16.50 while maintaining a "neutral" rating.

Cross Country Healthcare, Inc. (NASDAQ:CCRN - Free Report) - William Blair reduced their Q3 2025 earnings per share (EPS) estimates for Cross Country Healthcare in a note issued to investors on Wednesday, August 6th. William Blair analyst T. Romeo now expects that the business services provider will post earnings of $0.03 per share for the quarter, down from their prior forecast of $0.15. The consensus estimate for Cross Country Healthcare's current full-year earnings is $0.53 per share. William Blair also issued estimates for Cross Country Healthcare's Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.11 EPS, Q1 2026 earnings at $0.01 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.07 EPS and FY2026 earnings at $0.16 EPS.

A number of other research firms have also weighed in on CCRN. UBS Group cut their price objective on Cross Country Healthcare from $18.61 to $16.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Barrington Research reaffirmed a "market perform" rating and set a $18.61 price objective on shares of Cross Country Healthcare in a research report on Tuesday, June 17th. Finally, Wall Street Zen raised Cross Country Healthcare to a "hold" rating in a research report on Saturday. Seven investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $17.93.

Cross Country Healthcare Trading Up 1.5%

Cross Country Healthcare stock opened at $12.72 on Monday. Cross Country Healthcare has a twelve month low of $9.58 and a twelve month high of $18.33. The stock's fifty day simple moving average is $13.10 and its 200-day simple moving average is $14.63. The firm has a market capitalization of $416.71 million, a P/E ratio of -48.92, a P/E/G ratio of 5.53 and a beta of 0.35.

Cross Country Healthcare (NASDAQ:CCRN - Get Free Report) last announced its earnings results on Wednesday, August 6th. The business services provider reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.07 by ($0.08). The firm had revenue of $274.07 million during the quarter, compared to analysts' expectations of $292.67 million. Cross Country Healthcare had a negative net margin of 0.70% and a positive return on equity of 1.72%.

Hedge Funds Weigh In On Cross Country Healthcare

A number of institutional investors and hedge funds have recently modified their holdings of the company. SummerHaven Investment Management LLC grew its stake in shares of Cross Country Healthcare by 1.4% during the first quarter. SummerHaven Investment Management LLC now owns 57,641 shares of the business services provider's stock worth $858,000 after purchasing an additional 789 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Cross Country Healthcare by 4.7% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,386 shares of the business services provider's stock worth $334,000 after purchasing an additional 817 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Cross Country Healthcare by 2.7% during the first quarter. Principal Financial Group Inc. now owns 31,821 shares of the business services provider's stock worth $474,000 after purchasing an additional 827 shares in the last quarter. Signaturefd LLC grew its stake in shares of Cross Country Healthcare by 139.9% during the second quarter. Signaturefd LLC now owns 2,193 shares of the business services provider's stock worth $29,000 after purchasing an additional 1,279 shares in the last quarter. Finally, Quadrant Capital Group LLC acquired a new position in shares of Cross Country Healthcare during the fourth quarter worth $25,000. Institutional investors and hedge funds own 96.03% of the company's stock.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company's Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.

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