RadNet (NASDAQ:RDNT) is scheduled to release its earnings data before the market opens on Wednesday, February 14th. Analysts expect RadNet to post earnings of $0.11 per share for the quarter.
RadNet (NASDAQ:RDNT) last released its earnings results on Thursday, November 9th. The medical research company reported $0.12 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.12. The firm had revenue of $227.60 million during the quarter, compared to analysts’ expectations of $232.84 million. RadNet had a net margin of 1.21% and a return on equity of 23.73%. The business’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.11 EPS. On average, analysts expect RadNet to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
RadNet (NASDAQ RDNT) opened at $9.95 on Wednesday. The company has a market cap of $473.86, a price-to-earnings ratio of 43.26, a P/E/G ratio of 2.19 and a beta of 0.67. RadNet has a one year low of $5.25 and a one year high of $11.90. The company has a debt-to-equity ratio of 7.88, a quick ratio of 1.29 and a current ratio of 1.29.
Several research firms recently commented on RDNT. Zacks Investment Research cut shares of RadNet from a “buy” rating to a “hold” rating in a research note on Wednesday, January 10th. TheStreet cut shares of RadNet from a “b-” rating to a “c” rating in a research note on Friday, October 27th. Finally, BidaskClub upgraded shares of RadNet from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th.
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RadNet Company Profile
RadNet, Inc is a provider of freestanding, fixed-site outpatient diagnostic imaging services in the United States. As of December 31, 2016, the Company operated directly or indirectly through joint ventures, 305 centers located in California, Delaware, Florida, Maryland, New Jersey, New York and Rhode Island.
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