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

Vericel

02/08/2023 14:33

* Vericel Corp  VCEL.OQ  reported a quarterly adjusted loss
of 11
cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue rose 24% to $45.92 million from a year ago;
analysts
expected $42.13 million. 
    * Vericel Corp's reported EPS for the quarter was a loss
of 11
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Vericel Corp shares had fallen by 6.5% this quarter and
gained 33.3% so far this year.
    * The company reported a quarterly loss of $5.02 million.
    * Wall Street's median 12-month price target for Vericel
Corp is
$42.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.15          -0.11          Beat
 Mar. 31 2023      -0.15          -0.16          Missed
 Dec. 31 2022      0.04           0.12           Beat
 Sep. 30 2022      -0.10          -0.14          Missed