RTI Surgical Inc (RTIX) Expected to Post Earnings of $0.04 Per Share
Wall Street brokerages expect that RTI Surgical Inc (NASDAQ:RTIX) will report $0.04 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for RTI Surgical’s earnings, with the lowest EPS estimate coming in at $0.03 and the highest estimate coming in at $0.04. RTI Surgical reported earnings per share of $0.01 in the same quarter last year, which would indicate a positive year-over-year growth rate of 300%. The business is scheduled to announce its next earnings results before the market opens on Thursday, February 22nd.
On average, analysts expect that RTI Surgical will report full-year earnings of $0.05 per share for the current financial year, with EPS estimates ranging from $0.05 to $0.06. For the next financial year, analysts anticipate that the business will post earnings of $0.15 per share, with EPS estimates ranging from $0.13 to $0.18. Zacks Investment Research’s earnings per share averages are an average based on a survey of analysts that follow RTI Surgical.
Separately, BidaskClub downgraded RTI Surgical from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th.
RTI Surgical (NASDAQ RTIX) traded up $0.05 during trading hours on Friday, reaching $4.65. The company had a trading volume of 156,182 shares, compared to its average volume of 137,050. RTI Surgical has a 12-month low of $3.01 and a 12-month high of $6.00. The firm has a market capitalization of $279.83, a P/E ratio of -66.43, a P/E/G ratio of 2.04 and a beta of 1.71. The company has a quick ratio of 1.21, a current ratio of 3.34 and a debt-to-equity ratio of 0.25.
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About RTI Surgical
RTI Surgical, Inc is engaged in producing orthopedic and other surgical implants that repair and promote the natural healing of human bone and other human tissues. The Company uses natural tissues, metals and synthetics process to produce its products. The Company’s business primarily consists of six categories, such as spine, sports medicine, ortho fixation, bone graft substitutes and general orthopedic (BGS and general orthopedic), dental and surgical specialties.
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