RadNet Inc reports results for the quarter ended December 31 - Earnings Summary

RadNet

27/02/2025 23:27

RadNet Inc RDNT.OQ reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 20 cents.  The mean expectation of six analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 12 cents to 31 cents per share.

Revenue rose 13.5% to $477.10 million from a year ago; analysts expected $461.79 million.

RadNet Inc's reported EPS for the quarter was 7 cents​.

The company reported quarterly net income of $5.35 million.

RadNet Inc shares had fallen by 15.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 6.4% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

The average consensus recommendation for the healthcare facilities & services peer group is also "buy"

Wall Street's median 12-month price target for RadNet Inc is $86.50

This summary was machine generated from LSEG data February 27 at 11:27 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.20
0.22
Beat
Sep. 30 2024
0.15
0.18
Beat
Jun. 30 2024
0.17
0.16
Missed
Mar. 31 2024
0.01
0.07
Beat