Radiant Logistics Q4 Adj $0.14 Beats $0.12 Estimate, Sales $232.22M Miss $250.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Radiant Logistics (AMEX:RLGT) reported Q4 earnings of $0.14 per share, beating the analyst consensus estimate of $0.12 by 16.67%. However, this is a 65% decrease from last year's earnings. The company's quarterly sales of $232.22 million missed the analyst consensus estimate of $250.87 million by 7.43%, marking a 41.74% decrease from last year.
September 13, 2023 | 8:09 pm
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Radiant Logistics beat Q4 earnings estimates but reported a significant YoY decrease. Sales also missed estimates and decreased YoY.
Radiant Logistics beat earnings estimates, which is positive. However, the significant YoY decrease in earnings and sales, as well as the missed sales estimates, are negative indicators that could negatively impact the stock price in the short term.
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