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

RadNet

28/02/2023 14:31

* RadNet Inc  RDNT.OQ  reported quarterly adjusted earnings
of 11
cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of 15 cents per share.
    * Revenue rose 15.2% to $383.88 million from a year ago;
analysts
expected $347.27 million. 
    * RadNet Inc's reported EPS for the quarter was a loss of 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * RadNet Inc shares had risen by 11.8% this quarter.
    * The company reported a quarterly loss of $934 thousand.
    * Wall Street's median 12-month price target for RadNet Inc
is
$34.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 02:30 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.15           0.11           Missed
 Sep. 30 2022      0.16           0.09           Missed
 Jun. 30 2022      0.09           0.15           Beat
 Mar. 31 2022      0.00           -0.15          Missed