Performant Financial Corp reports results for the quarter ended in December - Earnings Summary

Performant Healthcare

15/03/2022 21:01

* Performant Financial Corp  PFMT.OQ  reported a quarterly
adjusted loss of 4 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for a loss of 2 cents per share.
    * Revenue fell 21.1% to $31.58 million from a year ago; 
analysts
expected $29.81 million. 
    * Performant Financial Corp's reported EPS for the quarter
was a
loss of 4 cents​.
    * The mean earnings estimate of analysts had fallen by
about 100%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Performant Financial Corp shares had fallen by 18.3% this
quarter.
    * The company reported a quarterly loss of $2.64 million.
    * Wall Street's median 12-month price target for Performant
Financial Corp is $9.75 
    * 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." 

This summary was machine generated March 15 at 09:01 p.m.  ​All
figures in US dollars unless otherwise stated