Performant Financial Corp expected to post a loss of 2  cents a share - Earnings Preview

Performant Healthcare

11/03/2022 20:51

* Performant Financial Corp  PFMT.OQ   PFMT.O  is expected
to show
a fall in quarterly revenue when it reports  results on March
15. 
    * The Livermore California-based  company is expected to
report  a
25.5% decrease in revenue to $29.813 million from $40.04 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Performant
Financial Corp
is for a loss of 2 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Performant
Financial Corp is $9.75​, above​ its last closing price
of $2.19. ​​​

This summary was machine generated March 11 at 20:51 GMT.  All
figures in US dollars  unless otherwise stated