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

Performant Healthcare

08/11/2022 22:12

* Performant Financial Corp  PFMT.OQ  reported a quarterly
adjusted loss of 2 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for a loss of 4 cents per share.
    * Revenue fell 4.9% to $27.18 million from a year ago;
analysts
expected $26.59 million. 
    * Performant Financial Corp's reported EPS for the quarter
was a
loss of 2 cents​.
    * 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 risen by 28.1% this
quarter and lost 1.7% so far this year.
    * The company reported a quarterly loss of $1.46 million.
    * 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 Refinitiv data November
8 at 10:11 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -0.03          -0.02          Beat
 Jun. 30 2022      -0.05          -0.04          Beat
 Mar. 31 2022      -0.08          -0.02          Beat
 Dec. 31 2021      -0.02          -0.04          Missed