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

Performant Healthcare

14/03/2023 20:36

* Performant Financial Corp  PFMT.OQ  reported quarterly
breakeven
results​​ 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 7.4% to $29.24 million from a year ago;
analysts
expected $29.90 million. 
    * Performant Financial Corp's reported EPS for the quarter
was
breakeven results​.
    * The mean earnings estimate of analysts was unchanged 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 16.9% this
quarter.
    * The company reported a quarterly loss of $235 thousand.
    * Wall Street's median 12-month price target for Performant
Financial Corp is $7.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
March 14 at 08:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.02          0.00           Beat
 Sep. 30 2022      -0.03          -0.02          Beat
 Jun. 30 2022      -0.05          -0.04          Beat
 Mar. 31 2022      -0.08          -0.02          Beat