P3 Health Partners (PIII) Scheduled to Post Earnings on Tuesday

P3 Health Partners (NASDAQ:PIII) will issue its quarterly earnings data after the market closes on Tuesday, November 12th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

P3 Health Partners (NASDAQ:PIII) last posted its quarterly earnings results on Wednesday, August 7th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.07). The business had revenue of $379.16 million during the quarter, compared to analysts’ expectations of $364.50 million. P3 Health Partners had a negative net margin of 4.95% and a negative return on equity of 43.19%. On average, analysts expect P3 Health Partners to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

P3 Health Partners Stock Performance

PIII opened at $0.37 on Friday. The stock has a market cap of $133.97 million, a P/E ratio of -0.58 and a beta of 1.15. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.69 and a quick ratio of 0.69. P3 Health Partners has a 1-year low of $0.30 and a 1-year high of $1.78. The stock’s 50 day simple moving average is $0.41 and its 200 day simple moving average is $0.51.

Insiders Place Their Bets

In related news, major shareholder Pacific Founders Ugp I. Chicago purchased 80,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The stock was purchased at an average price of $0.49 per share, with a total value of $39,200.00. Following the completion of the transaction, the insider now owns 76,785,438 shares of the company’s stock, valued at approximately $37,624,864.62. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In the last ninety days, insiders have acquired 400,000 shares of company stock valued at $205,600. Insiders own 17.86% of the company’s stock.

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.