Agiliti Inc reports results for the quarter ended in December - Earnings Summary

Agiliti

05/03/2024 23:28

* Agiliti Inc  AGTI.N  reported quarterly adjusted earnings
of 13
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of 18
cents.  The mean expectation of seven analysts for the quarter
was for earnings of 12 cents per share. Wall Street expected
results to range from 11 cents to 13 cents per share.
    * Revenue rose 3.7% to $291.99 million from a year ago;
analysts
expected $292.39 million. 
    * Agiliti Inc's reported EPS for the quarter was a loss of 4
cents​.
    * The company reported a quarterly loss of $5.71 million.
    * Agiliti Inc shares had risen by 24.9% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the medical
equipment,
supplies & distribution peer group is also "hold"

Wall Street's median 12-month price target for Agiliti Inc is
$10.00 
This summary was machine generated from LSEG data March 5 at
11:28 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.12           0.13           Beat
 Sep. 30 2023      0.09           0.09           Met
 Jun. 30 2023      0.15           0.14           Missed
 Mar. 31 2023      0.16           0.20           Beat