Radiant Logistics (NYSEAMERICAN:RLGT) released its quarterly earnings data on Thursday. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.03, Morningstar.com reports. The company had revenue of $204.65 million during the quarter, compared to analyst estimates of $220.47 million.
NYSEAMERICAN:RLGT opened at $5.55 on Friday. Radiant Logistics has a one year low of $4.06 and a one year high of $7.33.
Separately, Zacks Investment Research downgraded shares of Radiant Logistics from a “buy” rating to a “hold” rating in a report on Saturday, July 27th. One investment analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $7.42.
Radiant Logistics 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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