ATI Physical Therapy (NYSE:ATIP) Releases Quarterly Earnings Results, Beats Estimates By $0.20 EPS

ATI Physical Therapy (NYSE:ATIP) released its earnings results on Monday. The company reported ($2.43) EPS for the quarter, topping analysts’ consensus estimates of ($2.63) by $0.20, Yahoo Finance reports. The firm had revenue of $188.11 million for the quarter, compared to analyst estimates of $190.00 million. During the same period last year, the firm earned ($15.80) EPS.

ATI Physical Therapy Stock Performance

Shares of ATI Physical Therapy stock traded up $0.13 during trading on Wednesday, hitting $6.20. 3,465 shares of the company’s stock were exchanged, compared to its average volume of 4,715. The stock has a market capitalization of $27.26 million, a price-to-earnings ratio of -0.21 and a beta of 0.40. The business has a 50-day simple moving average of $5.22 and a 200-day simple moving average of $5.51. ATI Physical Therapy has a 52-week low of $3.92 and a 52-week high of $9.40.

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.