iKang Healthcare Group Inc(ADR) (KANG) Announces Quarterly Earnings, Misses Estimates By $0.64 EPS
iKang Healthcare Group Inc(ADR) (NASDAQ:KANG) posted its quarterly earnings results on Monday. The company reported ($0.77) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.13) by $0.64, AnalystRatings.NET reports. The company had revenue of $29.50 million for the quarter, compared to the consensus estimate of $23.37 million. iKang Healthcare Group Inc(ADR)’s revenue was up 60.3% compared to the same quarter last year.
iKang Healthcare Group In (NASDAQ:KANG) traded up 2.67% during mid-day trading on Monday, hitting $16.94. The stock had a trading volume of 487,976 shares. iKang Healthcare Group In has a 1-year low of $12.90 and a 1-year high of $17.25. The stock has a 50-day moving average of $14.02 and a 200-day moving average of $14.0. The company’s market cap is $1.093 billion.
On the ratings front, analysts at Oppenheimer initiated coverage on shares of iKang Healthcare Group Inc(ADR) in a research note on Monday, May 19th. They set an “outperform” rating and a $16.00 price target on the stock.
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