ATI Physical Therapy (NYSE:ATIP) Announces Quarterly Earnings Results

ATI Physical Therapy (NYSE:ATIP) posted its quarterly earnings results on Monday. The company reported ($4.61) EPS 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 analysts’ expectations of $181.67 million. During the same period in the prior year, the firm earned ($7.50) earnings per share. ATI Physical Therapy updated its Q2 2024 guidance to EPS.

ATI Physical Therapy Stock Down 7.0 %

Shares of ATIP stock traded down $0.35 on Wednesday, reaching $4.65. The company’s stock had a trading volume of 172 shares, compared to its average volume of 5,191. ATI Physical Therapy has a 12-month low of $4.00 and a 12-month high of $14.50. The company has a market capitalization of $19.58 million, a P/E ratio of -0.15 and a beta of 0.34. The stock’s 50 day simple moving average is $5.38 and its 200-day simple moving average is $6.31.

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.