$0.02 EPS Expected for Concord Medical Services Hldg Ltd (CCM) This Quarter
Brokerages forecast that Concord Medical Services Hldg Ltd (NYSE:CCM) will post earnings per share of $0.02 for the current quarter, according to Zacks. Zero analysts have issued estimates for Concord Medical Services’ earnings. The company is scheduled to issue its next earnings results on Monday, January 1st.
According to Zacks, analysts expect that Concord Medical Services will report full-year earnings of $0.07 per share for the current financial year. For the next year, analysts expect that the business will report earnings of $0.05 per share. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that follow Concord Medical Services.
CCM has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of Concord Medical Services from a “hold” rating to a “buy” rating and set a $3.50 price objective on the stock in a research note on Wednesday, March 21st. ValuEngine downgraded shares of Concord Medical Services from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd.
About Concord Medical Services
Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. The company's services comprise linear accelerators external beam radiotherapy, gamma knife radiosurgery, head gamma knife systems, body gamma knife systems, CyberKnife robotic radiosurgery system, proton beam therapy systems, and diagnostic imaging services.
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