Radiant Logistics, Inc. (AMEX:RLGT) is reporting first quarter earnings results on Monday 9th November 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.07 per share from $ 170.25 million in revenue.
For the full year, analysts predict revenues of $ 744.20 million, while looking forward to income of $ 0.34 per share.
Previous Quarter Performance
Radiant Logistics, Inc. came out with income for the fourth quarter of $ 0.18 per share, from the revenue of $ 275.51 million. The quarterly earnings escalated 20.00 percent while revenues up 34.62 percent compared with the same quarter last year.
Street analysts expected Radiant Logistics, Inc. to report income of $ 0.09 per share on revenue of $ 160.85 million for the fourth quarter. The bottom line results beat street analysts by $ 0.09 or 100.00 percent, at the same time, top line results outshined analysts by $ 114.66 million or 71.28 percent.
Stock Performance
On Friday, shares of Radiant Logistics, Inc. has traded high as $ 5.27 and has cracked $ 5.13 on the downward trend, reaching $ 5.13 with volume of 105.30 thousand shares.
According to the previous trading day, closing price of $ 5.13, representing a 70.45 % increase from the 52 week low of $ 3.08 and a 11.62 % decrease over the 52 week high of $ 5.94.
The company has a market capital of $ 254.83 million and is part of the Industrials sector and Integrated Shipping & Logistics industry.
Conference Call
Radiant Logistics, Inc. will be hosting a conference call at 4:30 PM eastern time on 9th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website radiantdelivers.com
Radiant Logistics, Inc. operates as a third-party logistics and multi-modal transportation services company primarily in the United States and Canada. The company offers domestic and international air and ocean freight forwarding services; and freight brokerage services, including truckload, less than truckload, and intermodal services.
