Cryoport Inc reports results for the quarter ended December 31 - Earnings Summary

• Cryoport Inc CYRX.OQ reported a quarterly adjusted loss of 42 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.31. The mean expectation of eleven analysts for the quarter was for a loss of 29 cents per share. Wall Street expected results to range from -36 cents to -19 cents per share.

• Revenue rose 4% to $59.53 million from a year ago; analysts expected $58.55 million.

• Cryoport Inc's reported EPS for the quarter was a loss of 42 cents​.

• The company reported a quarterly loss of $20.68 million.

• Cryoport Inc shares had fallen by 38.4% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "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 also "buy"

Wall Street's median 12-month price target for Cryoport Inc is $11.00

This summary was machine generated from LSEG data March 5 at 01:55 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)