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

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

P3 Health Partners Price Performance

Shares of P3 Health Partners stock opened at $0.17 on Friday. P3 Health Partners has a 1-year low of $0.15 and a 1-year high of $1.02. The firm has a fifty day simple moving average of $0.19 and a 200-day simple moving average of $0.27. The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11. The stock has a market capitalization of $61.90 million, a price-to-earnings ratio of -0.21 and a beta of 0.94.

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.