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Stock impact report

Why Veracyte (VCYT) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]

Veracyte, Inc. (VCYT) 
Last veracyte, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.veracyte.com/investor-relations
Company Research Source: Yahoo! Finance
It is worth considering Veracyte (VCYT), which belongs to the Zacks Medical - Instruments industry. When looking at the last two reports, this molecular diagnostic company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 50.66%, on average, in the last two quarters. For the last reported quarter, Veracyte came out with earnings of $0.51 per share versus the Zacks Consensus Estimate of $0.32 per share, representing a surprise of 59.38%. For the previous quarter, the company was expected to post earnings of $0.31 per share and it actually produced earnings of $0.44 per share, delivering a surprise of 41.94%. With this earnings history in mind, recent estimates have been moving higher for Veracyte. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank. Our research shows that stocks with Show less Read more
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