ATI Physical Therapy (NYSE:ATIP) Issues Earnings Results, Misses Estimates By $0.11 EPS

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

ATI Physical Therapy Stock Performance

NYSE:ATIP opened at $4.75 on Thursday. The stock’s 50-day simple moving average is $5.34 and its 200 day simple moving average is $6.30. The company has a market cap of $20.00 million, a P/E ratio of -0.15 and a beta of 0.34. ATI Physical Therapy has a 52-week low of $4.00 and a 52-week 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.