Vericel Corp reports results for the quarter ended in December - Earnings Summary

Vericel

24/02/2022 15:09

* Vericel Corp  VCEL.OQ  reported quarterly adjusted
earnings of 9
cents​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for earnings of
14 cents per share.
    * Revenue rose 5.2% to $47.59 million from a year ago; 
analysts
expected $48.98 million. 
    * Vericel Corp's reported EPS for the quarter was 9 cents​.
    * The mean earnings estimate of analysts had fallen by
about 16.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Vericel Corp shares had fallen by 18.1% this quarter.
    * The company reported quarterly net income of $4.54
million.
    * Wall Street's median 12-month price target for Vericel
Corp is
$52.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 6 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated February 24 at 03:08 p.m.
 ​All figures in US dollars unless otherwise stated