Vericel Corp expected to post a loss of 10 cents a share - Earnings Preview

Vericel

07/11/2022 19:37

* Vericel Corp  VCEL.OQ   VCEL.O  is expected to show a rise
in
quarterly revenue when it reports  results on November 9. 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 18.3% increase in revenue to $39.903 million from $33.72
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Vericel Corp is for
a
loss of 10 cents per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 5 "strong buy" or
"buy," no "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 Vericel
Corp is
$40​, above​ its last closing price of $24.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  -0.12       -0.12      -0.19     Missed  -55.5
 Mar. 31 2022  -0.10       -0.12      -0.15     Missed  -28.6
 Dec. 31 2021  0.15        0.14       0.09      Missed  -37.2​
 Sep. 30 2021  -0.03       -0.03      -0.11     Missed  -305.3
 ​​Jun.        -0.09       -0.08      -0.08     Met     4.5
 30 2021                                                
 Mar. 31 2021  -0.04       -0.04      -0.07     Missed  -66.2​
 Dec. 31 2020  0.20        0.20       0.25      Beat    23.5
 Sep. 30 2020  -0.07       -0.06      0.08      Beat    223.9
 This summary was machine generated November 7 at 19:36 GMT.  All
figures in US dollars  unless otherwise stated