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

Reuters
08 Nov 2024
Cryoport Inc reports results for the quarter ended in September 30 - Earnings Summary
  • 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

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