Radius Global Infrastructure (RADI) Scheduled to Post Earnings on Monday

Radius Global Infrastructure (NASDAQ:RADIGet Rating) will announce its earnings results after the market closes on Monday, August 8th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Radius Global Infrastructure (NASDAQ:RADIGet Rating) last issued its quarterly earnings data on Monday, May 9th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.03). Radius Global Infrastructure had a negative net margin of 55.12% and a negative return on equity of 8.67%. The company had revenue of $30.60 million for the quarter, compared to the consensus estimate of $31.65 million. During the same quarter last year, the business posted ($0.66) earnings per share. On average, analysts expect Radius Global Infrastructure to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Radius Global Infrastructure Price Performance

Shares of NASDAQ:RADI opened at $14.75 on Friday. The stock has a market cap of $1.53 billion, a PE ratio of -18.44 and a beta of 1.27. Radius Global Infrastructure has a 1-year low of $11.70 and a 1-year high of $18.79. The company has a current ratio of 6.92, a quick ratio of 6.92 and a debt-to-equity ratio of 1.97. The stock’s fifty day simple moving average is $14.94 and its two-hundred day simple moving average is $14.16.

Analysts Set New Price Targets

Separately, Raymond James lifted their target price on Radius Global Infrastructure from $18.00 to $22.00 in a research note on Tuesday, May 10th.

Institutional Investors Weigh In On Radius Global Infrastructure

A number of hedge funds have recently made changes to their positions in the business. Point72 Hong Kong Ltd purchased a new stake in Radius Global Infrastructure in the 1st quarter worth about $60,000. Ameritas Investment Partners Inc. boosted its position in shares of Radius Global Infrastructure by 23.5% during the 1st quarter. Ameritas Investment Partners Inc. now owns 5,581 shares of the company’s stock valued at $80,000 after acquiring an additional 1,061 shares during the last quarter. Covestor Ltd bought a new stake in shares of Radius Global Infrastructure during the 1st quarter valued at about $97,000. Raymond James & Associates bought a new stake in Radius Global Infrastructure in the 1st quarter worth approximately $146,000. Finally, American International Group Inc. lifted its position in Radius Global Infrastructure by 14.0% in the 1st quarter. American International Group Inc. now owns 35,729 shares of the company’s stock worth $510,000 after buying an additional 4,394 shares during the last quarter. 90.95% of the stock is currently owned by institutional investors.

About Radius Global Infrastructure

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Radius Global Infrastructure, Inc, together with its subsidiaries, engages in the acquisition and rental of telecom real property interests and contractual rights. The company leases wireless towers or antennae, and other communications infrastructure. As of December 31, 2021, it had interests in 8,506 leases situated on 8,186 communications sites located in the United States and 19 other countries.

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Earnings History for Radius Global Infrastructure (NASDAQ:RADI)

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