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

P3 Health Partners (NASDAQ:PIII) issued 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. The firm had revenue of $370.69 million during the quarter, compared to analyst estimates of $378.88 million. P3 Health Partners had a negative return on equity of 71.31% and a negative net margin of 6.95%.

P3 Health Partners Price Performance

Shares of PIII opened at $0.17 on Friday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.53 and a current ratio of 0.53. The firm has a market cap of $61.90 million, a PE ratio of -0.21 and a beta of 0.94. The firm’s 50 day moving average price is $0.19 and its 200 day moving average price is $0.27. P3 Health Partners has a twelve month low of $0.15 and a twelve month high of $1.02.

About P3 Health Partners

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.