RadNet Inc expected to post a loss of 3  cents a share - Earnings Preview

RadNet

07/05/2021 14:33

* RadNet Inc  RDNT.OQ   RDNT.O  is expected to show a rise in
quarterly revenue when it reports results on May 10 .
* The Los Angeles, California-based company is expected to
report   a 4.7% increase in revenue to $294.92 million from
$281.56 million a year ago, according to the mean estimate from
3 analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for RadNet Inc is for a
loss of 3 cents per share. For the same quarter last year, the
company reported a loss of 33 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for RadNet Inc is
$28​, about 18.1% above​ its last closing price of $22.92. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  0.15        0.15       0.11      Missed  -25
 Sep. 30 2020  -0.09       -0.08      0.12      Beat    256.5
 Jun. 30 2020  -0.48       -0.44      -0.28     Beat    36.4​
 Mar. 31 2020  -0.31       -0.17      -0.33     Missed  -90.4
 Dec.          0.16​       0.15       0.21      Beat    43.2​
 31​ 2019​                                              
 Sep. 30 2019  0.09        0.11       0.06      Missed  -42.9​
 Jun. 30 2019  0.13        0.12       0.10      Missed  -18.9
 Mar. 31 2019  -0.08       -0.08      -0.08     Met     -4.3
 This summary was machine generated May 7 at 13:33 GMT.  All
figures in US dollars unless otherwise stated