Performant Financial Corp expected to post a loss of 6 cents a share - Earnings Preview

Performant Healthcare

06/05/2023 02:45

* Performant Financial Corp  PFMT.OQ   PFMT.O  is expected
to show
a fall in quarterly revenue when it reports  results on May 9. 
    * The Livermore California-based  company is expected to
report  a
2.3% decrease in revenue to $26.454 million from $27.08 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 6 cents per share. 
    * The current average analyst rating on the shares is "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 $7.5​, above​ its last closing price of $2.87.
​​​

This summary was machine generated May 6 at 01:45 GMT.  All
figures in US dollars  unless otherwise stated