Earnings Preview For Vericel

Vericel (NASDAQ:VCEL) is preparing to release its quarterly earnings on Thursday, 2024-11-07. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Vericel to report an earnings per share (EPS) of $-0.05.

Vericel bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings Track Record

In the previous earnings release, the company missed EPS by $0.02, leading to a 0.21% increase in the share price the following trading session.

Here's a look at Vericel's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

-0.08

-0.11

0.17

-0.12

EPS Actual

-0.10

-0.08

0.26

-0.08

Price Change %

0.0%

2.0%

-2.0%

-8.0%

Tracking Vericel's Stock Performance

Shares of Vericel were trading at $44.75 as of November 05. Over the last 52-week period, shares are up 44.09%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Views on Vericel

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Vericel.

Vericel has ...