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Stock impact report

Performant Financial Corporation (NASDAQ:PFMT) Just Reported Earnings, And Analysts Cut Their Target Price [Yahoo! Finance]

Performant Financial Corporation (PFMT) 
Last performant financial corporation earnings: 3/17 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.performantcorp.com/node/5806
Company Research Source: Yahoo! Finance
The early response was not positive, with shares down 3.0% to US$2.91 in the past week. Revenue hit US$114m in line with forecasts, although the company reported a statutory loss per share of US$0.10 that was somewhat smaller than the analysts expected. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year. Check out our latest analysis for Performant Financial Taking into account the latest results, the consensus forecast from Performant Financial's dual analysts is for revenues of US$126.1m in 2024. This reflects a notable 11% improvement in revenue compared to the last 12 months. The loss per share is expected to ameliorate slightly, reducing to US$0.095. Yet prior to the latest earnings, the analysts had been forecas Show less Read more
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