R1 RCM (NASDAQ:RCM) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
R1 RCM missed estimated earnings by 100.0%, reporting an EPS of $0.0 versus an estimate of $-0.02.
Revenue was up $159.90 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 3.29% drop in the share price the next day.
Here’s a look at R1 RCM’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.05 | 0.09 | 0.04 | 0.10 |
| EPS Actual | -0.09 | -0.07 | -0.07 | 0.09 |
| Revenue Estimate | 519.21M | 523.71M | 391.77M | 384.19M |
| Revenue Actual | 532.80M | 496.00M | 391.90M | 385.70M |
To track all earnings releases for R1 RCM visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
