Cryoport Inc expected to post a loss of 35 cents a share - Earnings Preview

CryoPort

03/05/2024 23:15

* Cryoport Inc  CYRX.OQ   CYRX.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Brentwood Tennessee-based  company is expected to
report a
6.5% decrease in revenue to $58.76 million from $62.82 million a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Cryoport Inc is for a
loss
of 35 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 6
"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
$18.00​, above​ its last closing price of $17.16. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.30       -0.29      -1.31     Missed  -347.6
 Sep. 30 2023  -0.32       -0.30      -0.31     Missed  -1.6
 Jun. 30 2023  -0.26       -0.24      -0.42     Missed  -77.6​
 Mar. 31 2023  -0.21       -0.19      -0.16     Beat    14.8
 ​​Dec.        -0.20       -0.19      -0.24     Missed  -24.1
 31 2022                                                
 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. 31 2022  -0.25       -0.20      -0.31     Missed  -56.7
 This summary was machine generated May 3 at 22:14 GMT.  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)