Vericel (NASDAQ: VCEL) announces its next round of earnings this Monday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Analysts are expecting Vericel to report a loss of 12 cents per share. Revenue will likely be around $18.62 million, according to the consensus estimate.
In the same quarter last year, Vericel reported an EPS loss of 7 cents on revenue of $16 million. Revenue would be have grown 9.83 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
|Quarter||Q1 2018||Q4 2017||Q3 2017||Q2 2017|
Over the last 52-week period, shares are up 232.79 percent. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts generally rate Vericel stock as Sell. The strength of this rating has dwindled over the past three months.
Vericel is scheduled to hold a conference call at 4:30 p.m. ET and it can be accessed here.
This article was written by cool news network.