RadNet, Inc. reports results for the quarter ended June 30 - Earnings Summary
RadNet, Inc. reports results for the quarter ended June 30 - Earnings Summary
RadNet, Inc. RDNT.OQ reported quarterly adjusted earnings of 5 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of eight analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 16 cents to 29 cents per share.
Revenue rose 25% to $622.72 million from a year ago; analysts expected $611.52 million.
RadNet, Inc.'s reported EPS for the quarter was 10 cents.
The company reported quarterly net income of $7.53 million.
RadNet, Inc. shares had risen by 17.4% this quarter and gained 1.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 6.3% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the healthcare facilities & services peer group is also "buy"
Wall Street's median 12-month price target for RadNet, Inc. is $93.50, about 22.6% above its last closing price of $72.39
This summary was machine generated from LSEG data August 10 at 10:04 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.20 | 0.05 | Missed |
Mar. 31 2026 | -0.19 | -0.28 | Missed |
Dec. 31 2025 | 0.20 | 0.24 | Beat |
Sep. 30 2025 | 0.22 | 0.20 | Missed |
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RadNet, Inc. reports results for the quarter ended June 30 - Earnings Summary
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