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

RadNet

09/08/2022 14:31

* RadNet Inc  RDNT.OQ  reported quarterly adjusted earnings
of 15
cents​​ per share for the quarter ended in June. The mean
expectation of four analysts for the quarter was for earnings of
7 cents per share.
    * Revenue rose 6.1% to $354.38 million from a year ago;
analysts
expected $348.94 million. 
    * RadNet Inc's reported EPS for the quarter was 13 cents​.
    * The mean earnings estimate of analysts had fallen by
about 31.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * RadNet Inc shares had risen by 22.1% this quarter and
lost 29.9%
so far this year.
    * The company reported quarterly net income of $7.91
million.
    * Wall Street's median 12-month price target for RadNet Inc
is
$31.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 9
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.07           0.15           Beat
 Mar. 31 2022      0.00           -0.15          Missed
 Dec. 31 2021      0.19           0.13           Missed
 Sep. 30 2021      0.18           0.21           Beat