Overview
U.S. logistics provider's fiscal Q3 revenue was flat yr/yr at $214.1 mln
Adjusted EPS for fiscal Q3 fell to $0.11 from $0.15 yr/yr
Company cites global trade disruptions and tariffs as weighing on international freight results
Outlook
Company sees improving conditions in North American truckload and intermodal markets
Radiant expects international freight markets to remain challenged by trade policy and shipping disruptions
Company says technology investments and AI initiatives expected to support long-term growth
Result Drivers
DOMESTIC MARKET TRENDS - Co said North American truckload and intermodal markets showed signs of supply-driven recovery, with capacity exiting and spot rates rising, though these improvements were not yet fully reflected in Q3 results
INTERNATIONAL TRADE DISRUPTIONS - Co said international results were pressured by global tariff changes and physical disruptions to shipping routes due to Middle East conflicts, leading to altered trade flows and higher costs
Company press release: ID:nPn2F26Gta
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Beat*
$214.14 mln
$214.03 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.11
$0.07 (2 Analysts)
Q3 Adjusted EBITDA
Beat
$7.75 mln
$7.30 mln (2 Analysts)
Q3 Adjusted EBITDA Margin
13.80%
Q3 Adjusted Gross Profit
$56.31 mln
Q3 Gross Profit
$53.90 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Radiant Logistics Inc is $8.75, about 5.8% above its May 8 closing price of $8.27
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)