P3 Health Partners Inc reports results for the quarter ended in December - Earnings Summary

P3 Health Partners

28/03/2024 21:41

* P3 Health Partners Inc  PIII.OQ  reported a quarterly
adjusted
loss of 22 cents​​ per share for the quarter ended in December,
higher than the same quarter last year, when the company
reported EPS of $-2.26.  The mean expectation of five analysts
for the quarter was for a loss of 11 cents per share. Wall
Street expected results to range from -19 cents to -5 cents per
share.
    * Revenue rose 34.3% to $346.86 million from a year ago;
analysts
expected $302.97 million. 
    * P3 Health Partners Inc's reported EPS for the quarter was
a loss
of 22 cents​.
    * The company reported a quarterly loss of $25.46 million.
    * P3 Health Partners Inc shares had fallen by 27.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the biotechnology
&
medical research peer group is also "buy"

Wall Street's median 12-month price target for P3 Health
Partners Inc is $4.25 
This summary was machine generated from LSEG data March 28 at
09:41 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.11          -0.22          Missed
 Sep. 30 2023      -0.22          -0.12          Beat
 Jun. 30 2023      -0.13          -0.09          Beat
 Mar. 31 2023      -0.67          -0.22          Beat