Vericel (NASDAQ:VCEL) reported its Q3 earnings results on Tuesday, November 9, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Vericel their estimated earnings by 266.67%, reporting an EPS of $-0.11 versus an estimate of $-0.03, which surprised analysts.
Revenue was up $2,248,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0, which was followed by a 2.91% increase in the share price the next day.
Here's a look at Vericel's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.08 | -0.04 | 0.20 | -0.02 |
| EPS Actual | -0.08 | -0.07 | 0.25 | 0.08 |
| Revenue Estimate | 36.67M | 32.05M | 45.00M | 31.06M |
| Revenue Actual | 39.52M | 34.57M | 45.23M | 32.26M |
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