ATI Physical Therapy, Inc. (ATIP) Reports Q3 Loss, Tops Revenue Estimates
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ATI Physical Therapy, Inc. (ATIP) reported a Q3 loss of $4.89 per share, which was worse than the Zacks Consensus Estimate of a $3.12 loss. However, the company exceeded revenue expectations.
November 05, 2024 | 12:30 pm
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ATI Physical Therapy reported a larger-than-expected Q3 loss of $4.89 per share, missing the Zacks Consensus Estimate of a $3.12 loss. Despite this, the company exceeded revenue expectations.
The larger-than-expected loss per share is likely to negatively impact ATIP's stock price in the short term, despite the positive revenue performance. Investors often react more strongly to earnings per share results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100