Brokerages Anticipate RTI Surgical Inc (RTIX) Will Announce Earnings of $0.04 Per Share
Equities analysts expect RTI Surgical Inc (NASDAQ:RTIX) to announce earnings per share (EPS) of $0.04 for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for RTI Surgical’s earnings. The lowest EPS estimate is $0.03 and the highest is $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 company is expected to announce its next earnings report before the market opens on Thursday, February 22nd.
According to Zacks, analysts expect that RTI Surgical will report full-year earnings of $0.05 per share for the current year, with EPS estimates ranging from $0.05 to $0.06. For the next fiscal year, analysts expect that the company will post earnings of $0.15 per share, with EPS estimates ranging from $0.13 to $0.18. Zacks’ earnings per share averages are an average based on a survey of analysts that cover RTI Surgical.
Separately, BidaskClub raised RTI Surgical from a “strong sell” rating to a “sell” rating in a report on Saturday, January 6th.
Shares of RTI Surgical (NASDAQ:RTIX) traded up $0.05 on Friday, hitting $4.65. The company had a trading volume of 156,100 shares, compared to its average volume of 130,991. The company has a quick ratio of 1.21, a current ratio of 3.34 and a debt-to-equity ratio of 0.25. RTI Surgical has a one year low of $3.40 and a one year high of $6.00. The company has a market capitalization of $282.87, a price-to-earnings ratio of 116.25, a P/E/G ratio of 2.07 and a beta of 1.71.
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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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