CareDx Inc expected to post a loss of 31 cents a share - Earnings Preview

CareDx

05/08/2023 03:08

* CareDx Inc  CDNA.OQ   CDNA.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8. 
    * The Brisbane California California-based  company is
expected to
report  a 23.4% decrease in revenue to $61.764 million from
$80.63 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 31 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CareDx Inc
is
$10.5​, below​ its last closing price of $11.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.10       -0.11      -0.11     Met     -1.9
 Dec. 31 2023  -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.        -0.05       -0.05      -0.13     Missed  -160
 31 2022                                                
 Dec. 31 2021  0.02        0.03       -0.03     Missed  -192.3
                                                        ​
 Sep. 30 2021  0.01        0.01       0.07      Beat    483.3
 Jun. 30 2021  0.05        0.05       0.11      Beat    111.5
 This summary was machine generated August 5 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated