Benzinga | May 3, 2021 10:16AM EDT

A Preview Of CryoPort's Earnings

On Tuesday, May 04, CryoPort (NASDAQ:CYRX) will release its latest earnings report. Benzinga's outlook for CryoPort is included in the following report.

Net Income, Earnings, And Earnings Per Share

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Based on management's projections, CryoPort analysts modeled for a loss of $0.18 per share on sales of $46.78 million. In the same quarter last year, CryoPort reported EPS of $0.11 on revenue of $9.77 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

If the company were to match the consensus estimate when it reports Tuesday, EPS would have fallen 63.64%. Sales would be up 378.62% from the year-ago period. Here is how the company's reported EPS has stacked up against analyst estimates in the past: Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020EPS Estimate -0.11 -0.12 -0.11 -0.05EPS Actual -0.26 -0.29 -0.15 -0.11Revenue Estimate 43.95 M 10.78 M 8.93 M 9.76 MRevenue Actual 48.36 M 11.17 M 9.39 M 9.77 M

Stock Performance

Over the last 52-week period, shares are up 192.3%. 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.

Do not be surprised to see the stock move on comments made during its conference call. CryoPort is scheduled to hold the call at 17:00:00 ET and can be accessed here.