ATI Physical Therapy (NYSE:ATIP) Issues Earnings Results

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

ATI Physical Therapy Stock Performance

Shares of NYSE ATIP opened at $4.65 on Wednesday. The firm’s 50 day moving average price is $5.38 and its 200 day moving average price is $6.31. The firm has a market cap of $19.58 million, a P/E ratio of -0.15 and a beta of 0.34. ATI Physical Therapy has a 1 year low of $4.00 and a 1 year 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.