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

Performant Healthcare

04/05/2024 03:07

* Performant Financial Corp  PFMT.OQ   PFMT.O  is expected
to show
a rise in quarterly revenue when it reports  results on May 7
for the period ending March 31 2024
    * The Livermore California-based  company is expected to
report a
0.4% increase in revenue to $25.841 million from $25.73 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG'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 $7.50​, above​ its last closing price
of $2.78. ​​​

This summary was machine generated May 4 at 02:07 GMT.  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)