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Earnings Outlook for CytoSorbents

Benzinga Insights

CytoSorbents (NASDAQ: CTSO) releases its next round of earnings this Tuesday, August 04. Here's Benzinga's essential guide to CytoSorbents's Q2 earnings report.

Earnings and Revenue

CytoSorbents's EPS is expected to be at $-0.08 on sales of $9.66 million, according to Wall Street analysts.In the same quarter last year, CytoSorbents posted a loss of $-0.110 per share on sales of $6.23 million. If the company were to post earnings in-line with the consensus estimate when it reports Tuesday, EPS would be down 27.27%. Sales would be up 38.0% from the year-ago period. Here's how the company's reported EPS has compared to analyst estimates in the past:

Quarter

Q1 2020

Q4 2020

Q3 2019

Q2 2019

EPS Estimate

-0.13

-0.17

-0.22

-0.14

EPS Actual

-0.10

-0.12

-0.21

-0.11

Revenue Estimate

7.00 M

6.80 M

6.66 M

6.17 M

Revenue Actual

8.71 M

7.43 M

6.09 M

6.23 M

Stock Performance

Over the last 52-week period, shares are up 45.87%. 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.

View more earnings on CTSO

Don't be surprised to see the stock move on comments made during its conference call. CytoSorbents is scheduled to hold the call at 16:45:00 ET and can be accessed here: https://viavid.webcasts.com/starthere.jsp?ei=1338510&tp_key=e984a6c557

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