RadNet Inc expected to post earnings of 10  cents a share - Earnings Preview

RadNet

04/08/2023 17:30

* RadNet Inc  RDNT.OQ   RDNT.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 8. 
    * The Los Angeles California-based  company is expected to
report 
a 10.3% increase in revenue to $390.716 million from $354.38
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
earnings of 10 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RadNet Inc
is
$37.5​, above​ its last closing price of $32.41. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.07       -0.07      -0.08     Missed  -10.3
 Dec. 31 2023  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.        0.00        0.00       -0.15     Missed  -4,604
 31 2022                                                .5
 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
 This summary was machine generated August 4 at 16:30 GMT.  All
figures in US dollars  unless otherwise stated