RadNet Inc expected to post earnings of 17 cents a share - Earnings Preview

RadNet

06/08/2024 03:06

* RadNet Inc  RDNT.OQ   RDNT.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Los Angeles California-based  company is expected to
report
a 8.6% increase in revenue to $438.502 million from $403.72
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
17 cents 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RadNet Inc
is
$65.50​, above​ its last closing price of $55.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024              0.01       0.07      Beat    1,300
 Dec. 31 2024              0.16       0.20      Beat    29
 Sep. 30 2023  0.06        0.06       0.14      Beat    124​
 Jun. 30 2023  0.09        0.10       0.24      Beat    152.6
 ​​Mar.        -0.07       -0.07      -0.08     Missed  -10.3
 31 2023                                                
 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
 This summary was machine generated August 6 at 02:05 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)