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

RadNet

09/05/2022 14:31

* RadNet Inc  RDNT.OQ  reported a quarterly adjusted loss
of 15
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for breakeven
results per share.
    * Revenue rose 8.4% to $341.77 million from a year ago; 
analysts
expected $330.41 million. 
    * RadNet Inc's reported EPS for the quarter was 5 cents​.
    * The mean earnings estimate of analysts had fallen by
about 91.7%
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 fallen by 15.1% this quarter and
lost 36.9% so far this year.
    * The company reported quarterly net income of $3.01
million.
    * Wall Street's median 12-month price target for RadNet Inc
is
$37.00 
    * 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 May 9 at 01:30 p.m.  ​All
figures in US dollars unless otherwise stated