AMN Healthcare Services Inc

AMN: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$27.00	Syyrsm	Mptssfws

AMN Healthcare Earnings: Maintaining Fair Value as Expected Decline Slows

Debbie Wang , Matthew Sanders

May 8, 2023

Narrow-moat AMN Healthcare posted solid first-quarter results, as the healthcare staffing shortage continues. Temporary staffing demand continues to decline from its pandemic peak in the first quarter of 2022, so this quarter’s flat sequential top line performance was a positive result, though we think demand has yet to bottom out. We are maintaining our fair value estimate of $102 per share.

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