ATI Physical Therapy Q2 2024 GAAP EPS $(2.43) Beats $(2.98) Estimate, Sales $188.112M Miss $190.003M Estimate
Portfolio Pulse from Benzinga Newsdesk
ATI Physical Therapy (NYSE:ATIP) reported Q2 2024 GAAP EPS of $(2.43), beating the $(2.98) estimate, and sales of $188.112M, missing the $190.003M estimate. EPS improved by 86.3% YoY, while sales increased by 9.15% YoY.
August 05, 2024 | 8:42 pm
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ATI Physical Therapy reported better-than-expected EPS of $(2.43) for Q2 2024, beating the $(2.98) estimate, but missed sales estimates with $188.112M. EPS improved significantly YoY, and sales showed a healthy increase.
The better-than-expected EPS and significant YoY improvement in EPS are positive indicators for ATIP. Although sales missed estimates, the YoY increase in sales is a positive sign. Overall, the news is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100