Vericel Corp expected to post earnings of 4cents a share - Earnings Preview

Vericel

21/02/2023 19:13

* Vericel Corp  VCEL.OQ   VCEL.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 23. 
    * The Cambridge Massachusetts-based  company is expected to
report
 a 11.2% increase in revenue to $52.938 million from $47.59
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
earnings of 4 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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
$36.5​, above​ its last closing price of $29.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  -0.10       -0.10      -0.14     Missed  -37.3
 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.        -0.03       -0.03      -0.11     Missed  -305.3
 30 2021                                                
 Jun. 30 2021  -0.09       -0.08      -0.08     Met     4.5​
 Mar. 31 2021  -0.04       -0.04      -0.07     Missed  -66.2
 Dec. 31 2020  0.20        0.20       0.25      Beat    23.5
 This summary was machine generated February 21 at 19:13 GMT. 
All figures in US dollars  unless otherwise stated