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Performant Healthcare, Inc. - Common Stock (PHLT) Projected to Post Earnings on Thursday

Performant Healthcare, Inc. - Common Stock logo with Medical background

Performant Healthcare, Inc. - Common Stock (NASDAQ:PHLT - Get Free Report) is expected to be posting its quarterly earnings results after the market closes on Thursday, May 8th. Analysts expect Performant Healthcare, Inc. - Common Stock to post earnings of ($0.02) per share and revenue of $29.92 million for the quarter.

Performant Healthcare, Inc. - Common Stock (NASDAQ:PHLT - Get Free Report) last posted its quarterly earnings results on Wednesday, March 12th. The company reported $0.02 EPS for the quarter. Performant Healthcare, Inc. - Common Stock had a negative return on equity of 10.19% and a negative net margin of 6.74%. The business had revenue of $34.77 million during the quarter, compared to the consensus estimate of $34.15 million. On average, analysts expect Performant Healthcare, Inc. - Common Stock to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Performant Healthcare, Inc. - Common Stock Trading Down 5.0 %

NASDAQ PHLT traded down $0.12 on Tuesday, hitting $2.26. 132,303 shares of the stock traded hands, compared to its average volume of 154,244. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.67 and a quick ratio of 2.67. The company has a 50-day moving average price of $2.64. Performant Healthcare, Inc. - Common Stock has a twelve month low of $2.25 and a twelve month high of $4.35. The stock has a market capitalization of $176.98 million, a P/E ratio of -22.60 and a beta of 0.15.

Wall Street Analyst Weigh In

Separately, B. Riley upgraded shares of Performant Healthcare, Inc. - Common Stock to a "strong-buy" rating in a research note on Wednesday, March 12th.

View Our Latest Report on Performant Healthcare, Inc. - Common Stock

Performant Healthcare, Inc. - Common Stock Company Profile

(Get Free Report)

Performant Healthcare, Inc engages in the provision of technology-enabled audit, recovery, customer care, and related analytics services. Its services help identify improper payments, and in some markets, restructure and recover delinquent or defaulted assets and improper payments for both government and private clients.

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