RadNet Q3 EPS $0.14 Beats $0.06 Estimate, Sales $401.97M Beat $391.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
RadNet (NASDAQ:RDNT) reported Q3 earnings of $0.14 per share, beating the analyst consensus estimate of $0.06 by 133.33%. This is a 55.56% increase from the same period last year. The company also reported quarterly sales of $401.97 million, beating the analyst consensus estimate of $391.63 million by 2.64%. This is a 14.83% increase from the same period last year.
November 08, 2023 | 10:49 pm
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POSITIVE IMPACT
RadNet's Q3 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
RadNet's Q3 earnings and sales have significantly exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The reported earnings represent a 55.56% increase from the same period last year, and the sales represent a 14.83% increase, indicating strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100