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

RadNet

09/05/2023 14:32

* RadNet Inc  RDNT.OQ  reported a quarterly adjusted loss
of 8
cents​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of 8
cents per share.
    * Revenue rose 14.3% to $390.56 million from a year ago;
analysts
expected $371.34 million. 
    * RadNet Inc's reported EPS for the quarter was a loss of 36
cents​.
    * The mean earnings estimate of analysts had fallen by
about 300%
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 14.9% this quarter and
gained 52.7% so far this year.
    * The company reported a quarterly loss of $21.01 million.
    * Wall Street's median 12-month price target for RadNet Inc
is
$30.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 4 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.08          -0.08          Met
 Dec. 31 2022      0.15           0.11           Missed
 Sep. 30 2022      0.16           0.09           Missed
 Jun. 30 2022      0.09           0.15           Beat