Radnet (RDNT) Releases Quarterly Earnings, Beats Estimates By $0.07 EPS
Radnet (NASDAQ:RDNT) released its earnings data on Friday. The company reported $0.12 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.07, Stock Ratings News reports. The company had revenue of $179.10 million for the quarter, compared to the consensus estimate of $176.85 million.
Shares of Radnet (NASDAQ:RDNT) opened at 5.73 on Friday. Radnet has a 52 week low of $1.50 and a 52 week high of $7.67. The stock’s 50-day moving average is $6.09 and its 200-day moving average is $4.52. The company’s market cap is $239.2 million.
On the ratings front, analysts at Deutsche Bank raised their price target on shares of Radnet to $9.00 in a research note on Thursday, June 5th.
RadNet, Inc (NASDAQ:RDNT) operates a group of regional networks comprising 180 diagnostic imaging facilities located in seven states with operations in California, Maryland, the Treasure Coast area of Florida, Kansas, Delaware, New Jersey and the Finger Lakes (Rochester) and Hudson Valley areas of New York.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.