Akumin Inc to Post FY2019 Earnings of $0.32 Per Share, Cormark Forecasts (TSE:AKU)

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Akumin Inc (TSE:AKU) – Analysts at Cormark issued their FY2019 earnings estimates for shares of Akumin in a research note issued on Tuesday, November 19th. Cormark analyst K. Mcphee forecasts that the company will post earnings per share of $0.32 for the year. Cormark also issued estimates for Akumin’s FY2020 earnings at $0.41 EPS and FY2021 earnings at $0.45 EPS.

Akumin (TSE:AKU) last issued its earnings results on Thursday, November 14th. The company reported C$0.08 earnings per share for the quarter, meeting analysts’ consensus estimates of C$0.08. The business had revenue of C$90.93 million during the quarter, compared to analyst estimates of C$88.65 million.

Shares of AKU opened at C$4.45 on Thursday. The company has a market capitalization of $317.01 million and a price-to-earnings ratio of 87.25. Akumin has a fifty-two week low of C$3.30 and a fifty-two week high of C$5.88. The company has a debt-to-equity ratio of 325.89, a current ratio of 2.48 and a quick ratio of 2.44. The business’s 50-day moving average is C$3.93 and its 200-day moving average is C$4.40.

Akumin Company Profile

Akumin Inc provides outpatient diagnostic imaging services in the United States. As of December 31, 2017, the company operated 74 imaging centers located in Florida, Pennsylvania, Delaware, Texas, Illinois, and Kansas. Its centers provide physicians with imaging capabilities to facilitate the diagnosis and treatment of diseases and disorders, and reduce unnecessary invasive procedures.

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Earnings History and Estimates for Akumin (TSE:AKU)

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