Performant Financial Corp expected to post a loss of 8  cents a share - Earnings Preview

Performant Healthcare

07/05/2022 03:07

* 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
26.5% decrease in revenue to $23.071 million from $31.39 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Performant
Financial Corp
is for a loss of 8 cents per share. For the same quarter last
year, the company reported a loss of 5 cents per share.
    * The one available analyst rating on the shares is "buy".  
    * 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 $8.5​, above​ its last closing price of $2.23.
​​​

This summary was machine generated May 7 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated