CareDx Inc reports results for the quarter ended in June - Earnings Summary

CareDx

08/08/2023 23:05

* CareDx Inc  CDNA.OQ  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for a loss
of 31 cents per share.
    * Revenue fell 12.8% to $70.30 million from a year ago;
analysts
expected $61.76 million. 
    * CareDx Inc's reported EPS for the quarter was a loss of 46
cents​.
    * The mean earnings estimate of analysts had fallen by
about 70%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * CareDx Inc shares had risen by 27.1% this quarter and
lost 5.3%
so far this year.
    * The company reported a quarterly loss of $24.95 million.
    * Wall Street's median 12-month price target for CareDx Inc
is
$10.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:05 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.31          -0.18          Beat
 Mar. 31 2023      -0.11          -0.11          Met
 Dec. 31 2022      -0.09          -0.07          Beat
 Sep. 30 2022      -0.14          -0.06          Beat