Radiant Logistics, Inc. (AMEX:RLGT) is reporting fourth quarter financial results on Monday 28th September 2020, after market close.
According to analysts surveyed by Thomson Reuters, RLGT is expected to report 4Q20 income of $ 0.09 per share from revenue of $ 160.85 million.
For the full year, analysts anticipate top line of $ 740.70 million, while looking forward to income of $ 0.42 per share bottom line.
Previous Quarter Performance
Radiant Logistics, Inc. revealed income for the third quarter of $ 0.08 per share, from the revenue of $ 177.22 million. The quarterly earnings down 27.27 percent compared with the same quarter last year. Street analysts expected Radiant Logistics, Inc. to report income of $ 0.08 per share on revenue of $ 182.23 million for the third quarter. The top line results fell short of analysts by $ 5.01 million or 2.75 percent.
Stock Performance
On Friday, shares of Radiant Logistics, Inc. has traded high as $ 5.15 and has cracked $ 5.04 on the downward trend, reaching $ 5.04 with volume of 126.90 thousand shares.
According to the previous trading day, closing price of $ 5.04, representing a 65.58 % increase from the 52 week low of $ 3.08 and a 14.14 % decrease over the 52 week high of $ 5.94.
The company has a market capital of $ 248.95 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 28th September 2020, to discuss its 4Q20 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.
