Cryoport Inc reports results for the quarter ended in September 30 - Earnings Summary

CryoPort

08/11/2024 05:19

* Cryoport Inc  CYRX.OQ  reported a quarterly adjusted loss
of 2
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of -31 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 -36 cents to -15 cents per share.
    * Revenue rose 0.9% to $56.66 million from a year ago;
analysts
expected $58.04 million. 
    * Cryoport Inc's reported EPS for the quarter was a loss
of 2
cents​.
    * The company reported a quarterly loss of $1.2 million.
    * Cryoport Inc shares had fallen by 1.1% this quarter and
lost 48.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

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

Wall Street's median 12-month price target for Cryoport Inc is
11.00 
This summary was machine generated from LSEG data November 8 at
05:19 a.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
 Sep. 30 2024      -0.29          -0.02          Beat
 Jun. 30 2024      -0.39          -0.29          Beat
 Mar. 31 2024      -0.35          -0.43          Missed
 Dec. 31 2023      -0.29          -1.31          Missed