Veracyte (NASDAQ:VCYT) reported its Q4 earnings results on Monday, February 28, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Veracyte beat estimated earnings by 6.25%, reporting an EPS of $-0.15 versus an estimate of $-0.16.
Revenue was up $32.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 8.21% drop in the share price the next day.
Here's a look at Veracyte's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.16 | -0.25 | -0.12 | -0.11 |
| EPS Actual | -0.20 | -0.13 | -0.11 | -0.14 |
| Revenue Estimate | 54.38M | 48.06M | 32.67M | 31.93M |
| Revenue Actual | 60.37M | 55.10M | 36.70M | 34.54M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
