Cryoport Inc reports results for the quarter ended in December - Earnings Summary

CryoPort

12/03/2024 21:01

* Cryoport Inc  CYRX.OQ  reported a quarterly adjusted loss
of
$1.31​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of -24
cents.  The mean expectation of ten analysts for the quarter was
for a loss of 29 cents per share. Wall Street expected
results to range from -38 cents to -7 cents per share.
    * Revenue fell 5.1% to $57.26 million from a year ago;
analysts
expected $58.40 million. 
    * Cryoport Inc's reported EPS for the quarter was a loss of
$1.31​.
    * The company reported a quarterly loss of $62.39 million.
    * Cryoport Inc shares had risen by 5.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 2.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 average consensus recommendation for the courier,
postal,
air freight & land-based logistics peer group is also "buy"

Wall Street's median 12-month price target for Cryoport Inc is
$17.00 
This summary was machine generated from LSEG data March 12 at
09:01 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      -0.29          -1.31          Missed
 Sep. 30 2023      -0.30          -0.31          Missed
 Jun. 30 2023      -0.24          -0.42          Missed
 Mar. 31 2023      -0.19          -0.16          Beat