Cryoport Inc expected to post a loss of 24 cents a share - Earnings Preview

CryoPort

31/07/2023 13:32

* Cryoport Inc  CYRX.OQ   CYRX.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 2
(estimated). 
    * The Brentwood Tennessee-based  company is expected to
report  a
7.5% decrease in revenue to $59.364 million from $64.15 million
a year ago, according to the mean estimate from 9 analysts,
based on Refinitiv data. The company's guidance on July 12 2023,
for the period ended June 30, was for revenue between $56.50
million and $57.50 million.
    * ​Refinitiv's mean analyst estimate for Cryoport Inc is for
a
loss of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"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 Cryoport
Inc is
$21.5​, above​ its last closing price of $16.17. ​​​

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  -0.21       -0.19      -0.16     Beat    14.8
 Dec. 31 2023  -0.20       -0.19      -0.24     Missed  -24.1
 Sep. 30 2022  -0.16       -0.14      -0.15     Missed  -5.8​
 Jun. 30 2022  -0.16       -0.15      -0.23     Missed  -52.2
 ​​Mar.        -0.25       -0.20      -0.31     Missed  -56.7
 31 2022                                                
 Dec. 31 2021  -0.16       -0.14      -0.11     Beat    20.8​
 Sep. 30 2021  -0.14       -0.14      -0.18     Missed  -29.6
 Jun. 30 2021  -0.12       -0.12      -0.16     Missed  -32
 This summary was machine generated July 31 at 12:32 GMT.  All
figures in US dollars  unless otherwise stated