RadNet Inc expected to post earnings of 15 cents a share - Earnings Preview

RadNet

06/08/2021 14:51

* RadNet Inc  RDNT.OQ   RDNT.O  is expected to show a rise in
quarterly revenue when it reports results on August 9. 
* The Los Angeles, California-based company is expected to
report   a 70.6% increase in revenue to $325.091 million from
$190.57 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 15 cents per share. For the same quarter last year,
the company reported a loss of 28 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
$39​, about 5.9% above​ its last closing price of $36.70. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.04       -0.03      0.04      Beat    233.3
 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.          -0.31​      -0.17      -0.33     Missed  -90.4​
 31​ 2020​                                              
 Dec. 31 2019  0.16        0.15       0.21      Beat    43.2​
 Sep. 30 2019  0.09        0.11       0.06      Missed  -42.9
 Jun. 30 2019  0.13        0.12       0.10      Missed  -18.9
 This summary was machine generated August 6 at 13:51 GMT.  All
figures in US dollars unless otherwise stated