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

RadNet

09/11/2022 14:32

* RadNet Inc  RDNT.OQ  reported quarterly adjusted earnings
of 9
cents​​ per share for the quarter ended in September. The mean
expectation of four analysts for the quarter was for earnings of
16 cents per share.
    * Revenue rose 5.2% to $350.04 million from a year ago;
analysts
expected $348.92 million. 
    * RadNet Inc's reported EPS for the quarter was 1 cent​.
    * The mean earnings estimate of analysts had risen by
about 17.5%
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 16.1% this quarter and
lost 43.3% so far this year.
    * The company reported quarterly net income of $668
thousand.
    * 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 November
9 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Dec. 31 2021      0.19           0.13           Missed