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

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

ATI Physical Therapy Stock Up 1.3 %

Shares of ATI Physical Therapy stock traded up $0.08 during midday trading on Wednesday, hitting $6.15. The company’s stock had a trading volume of 2,679 shares, compared to its average volume of 4,709. The firm has a market capitalization of $27.04 million, a P/E ratio of -0.21 and a beta of 0.40. The stock 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 1-year low of $3.92 and a 1-year 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.