ATI Physical Therapy (NYSE:ATIP) Issues Earnings Results

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

ATI Physical Therapy Stock Performance

ATIP stock traded down $0.08 during midday trading on Thursday, reaching $4.75. 413 shares of the company’s stock traded hands, compared to its average volume of 5,158. The firm has a market capitalization of $20.00 million, a PE ratio of -0.15 and a beta of 0.34. The company has a 50-day moving average price of $5.34 and a two-hundred day moving average price of $6.30. ATI Physical Therapy has a 52 week low of $4.00 and a 52 week high of $14.50.

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.