RadNet Inc expected to post breakeven results a share - Earnings Preview

RadNet

06/05/2022 19:37

* 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 4.8% increase in revenue to $330.41 million from $315.32
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RadNet Inc is for
breakeven results per share. For the same quarter last year, the
company reported earnings of 4 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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
$37​, above​ its last closing price of $19.97. ​​​
    * 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 2021  0.19        0.19       0.13      Missed  -30.7
 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
 ​​Dec.        0.15        0.15       0.11      Missed  -25
 31 2020                                                
 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
 This summary was machine generated May 6 at 18:37 GMT.  All
figures in US dollars  unless otherwise stated