Radiant Logistics, Inc. (RLGT) Forecasted to Post Q1 2018 Earnings of $0.05 Per Share
Radiant Logistics, Inc. (ARCA:RLGT) – Seaport Global Securities reduced their Q1 2018 earnings estimates for Radiant Logistics in a research report issued to clients and investors on Wednesday. Seaport Global Securities analyst K. Sterling now expects that the company will earn $0.05 per share for the quarter, down from their previous forecast of $0.06. Seaport Global Securities also issued estimates for Radiant Logistics’ Q2 2018 earnings at $0.08 EPS, Q4 2018 earnings at $0.10 EPS, Q1 2019 earnings at $0.06 EPS, Q2 2019 earnings at $0.10 EPS, Q3 2019 earnings at $0.08 EPS, Q4 2019 earnings at $0.10 EPS and FY2019 earnings at $0.34 EPS.
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Shares of Radiant Logistics (RLGT) traded down 0.59% on Friday, reaching $5.02. The company had a trading volume of 84,742 shares. Radiant Logistics has a 1-year low of $2.45 and a 1-year high of $6.65. The firm has a market capitalization of $243.86 million, a price-to-earnings ratio of 76.06 and a beta of 0.85. The firm has a 50-day moving average price of $4.77 and a 200 day moving average price of $5.37.
Radiant Logistics Company Profile
Radiant Logistics, Inc operates as a third-party logistics company, providing multi-modal transportation and logistics services. The Company is organized in two geographic operating segments: United States and Canada. Its transportation services for both the United States and Canada segments are placed into categories of freight forwarding and freight brokerage services.
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