ATI Physical Therapy (NYSE:ATIP) Issues Earnings Results

ATI Physical Therapy (NYSE:ATIP) released its earnings results on Monday. The company reported ($4.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($4.50) by ($0.11), Zacks reports. The business had revenue of $181.47 million for the quarter, compared to the consensus estimate of $181.67 million. During the same quarter last year, the business posted ($7.50) EPS. ATI Physical Therapy updated its Q2 2024 guidance to EPS.

ATI Physical Therapy Trading Up 3.9 %

NYSE:ATIP opened at $4.83 on Thursday. The firm has a market cap of $20.33 million, a price-to-earnings ratio of -0.15 and a beta of 0.34. The company’s 50-day moving average is $5.34 and its two-hundred day moving average is $6.30. ATI Physical Therapy has a 12-month low of $4.00 and a 12-month high of $14.50.

About ATI Physical Therapy

ATI Physical Therapy, Inc operates as an outpatient physical therapy provider that specializes in outpatient rehabilitation and adjacent healthcare services in the United States. It offers a range of services to its patients, including physical therapy to treat spine, shoulder, knee, and neck injuries or pain; work injury rehabilitation services, work conditioning and work hardening; and hand therapy, aquatic therapy, functional capacity evaluation, sports medicine, and wellness programs.