RadNet Inc expected to post a loss of 8 cents a share - Earnings Preview

RadNet

05/05/2023 19:36

* RadNet Inc  RDNT.OQ   RDNT.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 9. 
    * The Los Angeles California-based  company is expected to
report 
a 8.7% increase in revenue to $371.336 million from $341.77
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RadNet Inc is for a
loss
of 8 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 4.3%
in the last three months. ​
    * Wall Street's median 12-month price target for RadNet Inc
is
$30​, above​ its last closing price of $27.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.12        0.15       0.11      Missed  -25
 Sep. 30 2022  0.16        0.16       0.09      Missed  -42.6
 Jun. 30 2022  0.07        0.09       0.15      Beat    71.4​
 Mar. 31 2022  0.00        0.00       -0.15     Missed  -4,604
                                                        .5
 ​​Dec.        0.19        0.19       0.13      Missed  -30.7
 31 2021                                                
 Sep. 30 2021  0.18        0.18       0.21      Beat    18.3​
 Jun. 30 2021  0.15        0.15       0.27      Beat    80
 Mar. 31 2021  -0.04       -0.03      0.04      Beat    233.3
 This summary was machine generated May 5 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated