BioLife Solutions, Inc. reports results for the quarter ended June 30 - Earnings Summary
BioLife Solutions, Inc. reports results for the quarter ended June 30 - Earnings Summary
BioLife Solutions, Inc. BLFS.OQ reported quarterly adjusted earnings of 91 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of nine analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 3 cents to 4 cents per share.
Revenue rose 12% to $28.47 million from a year ago; analysts expected $27.68 million.
BioLife Solutions, Inc.'s reported EPS for the quarter was 91 cents.
The company reported quarterly net income of $45.1 million.
BioLife Solutions, Inc. shares had risen by 19.7% this quarter and gained 39.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 16.7% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for BioLife Solutions, Inc. is $31.00, about 9% below its last closing price of $33.80
This summary was machine generated from LSEG data August 6 at 09:12 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.03 | 0.91 | Beat |
Mar. 31 2026 | 0.02 | 0.02 | Met |
Dec. 31 2025 | -0.02 | 0.22 | Beat |
Sep. 30 2025 | -0.01 | 0.01 | Beat |
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BioLife Solutions, Inc. reports results for the quarter ended June 30 - Earnings Summary