Cryoport Inc expected to post a loss of 39 cents a share - Earnings Preview

CryoPort

03/08/2024 03:24

* Cryoport Inc  CYRX.OQ   CYRX.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 6 for the
period ending June 30 2024
    * The Brentwood Tennessee-based  company is expected to
report a
1.2% increase in revenue to $57.684 million from $57.02 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 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Cryoport
Inc is
$17.00​, above​ its last closing price of $8.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.35       -0.35      -0.43     Missed  -23.6
 Dec. 31 2024  -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.        -0.21       -0.19      -0.16     Beat    14.8
 31 2023                                                
 Dec. 31 2022  -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
 This summary was machine generated August 3 at 02:24 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)