P3 Health Partners (NASDAQ:PIII) Posts Earnings Results, Misses Expectations By $0.15 EPS

P3 Health Partners (NASDAQ:PIII) released its quarterly earnings results on Thursday. The company reported ($0.32) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.17) by ($0.15), Zacks reports. P3 Health Partners had a negative net margin of 6.95% and a negative return on equity of 71.31%. The business had revenue of $370.69 million during the quarter, compared to the consensus estimate of $378.88 million.

P3 Health Partners Trading Up 1.5 %

Shares of NASDAQ PIII opened at $0.18 on Friday. P3 Health Partners has a 1-year low of $0.15 and a 1-year high of $1.12. The company has a 50-day moving average of $0.19 and a two-hundred day moving average of $0.27. The company has a market cap of $64.87 million, a PE ratio of -0.22 and a beta of 0.94. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11.

P3 Health Partners Company Profile

P3 Health Partners Inc, a patient-centered and physician-led population health management company, provides superior care services in the United States. It operates clinics and wellness centers. P3 Health Partners Inc was founded in 2020 and is based in Henderson, Nevada.