Performant Healthcare Inc reports results for the quarter ended March 31 - Earnings Summary

Performant Healthcare

08/05/2025 22:01

Performant Healthcare Inc PHLT.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of -5 cents.  The mean expectation of three analysts for the quarter was for a loss of 3 cents per share. Wall Street expected results to range from -4 cents to -2 cents per share.

Revenue rose 21.7% to $33.27 million from a year ago; analysts expected $29.92 million.

Performant Healthcare Inc's reported EPS for the quarter was breakeven results​.

The company reported a quarterly loss of $810 thousand.

Performant Healthcare Inc shares had fallen by 23.0% this quarter and lost 24.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 38.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Performant Healthcare Inc is $7.00

This summary was machine generated from LSEG data May 8 at 09:01 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
-0.03
0.02
Beat
Dec. 31 2024
-0.02
-0.01
Beat
Sep. 30 2024
-0.03
-0.03
Met
Jun. 30 2024
-0.05
-0.04
Beat