CryoPort Q4 2023 GAAP EPS $(1.31) Misses $(0.30) Estimate, Sales $57.260M Miss $58.396M Estimate
Portfolio Pulse from Benzinga Newsdesk
CryoPort reported Q4 2023 earnings with a GAAP EPS of $(1.31), significantly missing the $(0.30) estimate. Sales were $57.260M, also missing the $58.396M estimate, marking a 5.13% decrease from the previous year.
March 12, 2024 | 8:13 pm
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CryoPort's Q4 2023 earnings significantly missed analyst estimates with a GAAP EPS of $(1.31) and sales of $57.260M, indicating a potential negative short-term impact on its stock price.
Missing both EPS and sales estimates significantly, especially by over 300% for EPS, typically leads to negative investor sentiment and could result in a short-term decline in stock price.
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