CareDx Inc expected to post a loss of 11 cents a share - Earnings Preview

CareDx

01/05/2023 12:38

* CareDx Inc  CDNA.OQ   CDNA.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 3
(estimated). 
    * The Brisbane California California-based  company is
expected to
report  a 1.6% increase in revenue to $80.699 million from
$79.42 million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for CareDx Inc is for a
loss
of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 4.9%
in the last three months. ​
    * Wall Street's median 12-month price target for CareDx Inc
is
$16​, above​ its last closing price of $8.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.08       -0.09      -0.07     Beat    18.8
 Sep. 30 2022  -0.14       -0.14      -0.06     Beat    57.1
 Jun. 30 2022  -0.11       -0.11      -0.13     Missed  -16.1​
 Mar. 31 2022  -0.05       -0.05      -0.13     Missed  -160
 ​​Dec.        0.02        0.03       -0.03     Missed  -192.3
 31 2021                                                
 Sep. 30 2021  0.01        0.01       0.07      Beat    483.3​
 Jun. 30 2021  0.05        0.05       0.11      Beat    111.5
 Mar. 31 2021  0.02        0.01       0.14      Beat    2,700
 This summary was machine generated May 1 at 11:38 GMT.  All
figures in US dollars  unless otherwise stated