RadNet Inc expected to post earnings of 1 cent a share - Earnings Preview

RadNet

06/05/2024 15:59

* RadNet Inc  RDNT.OQ   RDNT.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 8 for the
period ending March 31 2024
    * The Los Angeles California-based  company is expected to
report
a 8.0% increase in revenue to $421.719 million from $390.56
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for RadNet Inc is for
earnings of
1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for RadNet Inc
is
$52.50​, above​ its last closing price of $51.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.15        0.16       0.20      Beat    29
 Sep. 30 0001  0.06        0.06       0.14      Beat    124
 Jun. 30 2023  0.09        0.10       0.24      Beat    152.6​
 Mar. 31 2023  -0.07       -0.07      -0.08     Missed  -10.3
 ​​Dec.        0.12        0.15       0.11      Missed  -25
 31 2022                                                
 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
 This summary was machine generated May 6 at 14:59 GMT.  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)