Performant Financial Corp expected to post earnings of 1 cent a share - Earnings Preview

Performant Healthcare

08/03/2024 21:17

* Performant Financial Corp  PFMT.OQ   PFMT.O  is expected
to show
a rise in quarterly revenue when it reports  results on March 12
for the period ending December 31 2023
    * The Livermore California-based  company is expected to
report a
8.0% increase in revenue to $31.587 million from $29.24 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 earnings of 1 cent 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 $3.13. ​​​

This summary was machine generated March 8 at 21:17 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)