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

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

ATI Physical Therapy Stock Performance

Shares of ATI Physical Therapy stock opened at $4.75 on Thursday. ATI Physical Therapy has a fifty-two week low of $4.00 and a fifty-two week high of $14.50. The company has a market cap of $20.00 million, a P/E ratio of -0.15 and a beta of 0.34. The firm has a 50-day simple moving average of $5.34 and a two-hundred day simple moving average of $6.30.

ATI Physical Therapy Company Profile

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.