RADIANT LOGISTI/SH SH (RLGT) Scheduled to Post Quarterly Earnings on Thursday
RADIANT LOGISTI/SH SH (NYSEAMERICAN:RLGT) will post its quarterly earnings results after the market closes on Thursday, November 8th. Analysts expect RADIANT LOGISTI/SH SH to post earnings of $0.09 per share for the quarter.
RADIANT LOGISTI/SH SH (NYSEAMERICAN:RLGT) last announced its quarterly earnings data on Thursday, September 13th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.07 by $0.04. RADIANT LOGISTI/SH SH had a net margin of 0.77% and a return on equity of 3.29%. The business had revenue of $233.81 million during the quarter, compared to analysts’ expectations of $224.31 million. On average, analysts expect RADIANT LOGISTI/SH SH to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of NYSEAMERICAN RLGT opened at $5.44 on Thursday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.18 and a current ratio of 1.18. RADIANT LOGISTI/SH SH has a 12 month low of $3.46 and a 12 month high of $6.09.
An institutional investor recently raised its position in RADIANT LOGISTI/SH SH stock. Bank of New York Mellon Corp increased its stake in RADIANT LOGISTI/SH SH (NYSEAMERICAN:RLGT) by 12.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 136,283 shares of the company’s stock after acquiring an additional 14,833 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.28% of RADIANT LOGISTI/SH SH worth $533,000 at the end of the most recent reporting period. Institutional investors own 39.47% of the company’s stock.
RADIANT LOGISTI/SH SH Company Profile
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.
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