Veracyte (VCYT) Q1 Earnings and Revenues Beat Estimates

Veracyte (VCYT) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to loss of $0.02 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 55%. A quarter ago, it was expected that this molecular diagnostic company would post earnings of $0.29 per share when it actually produced earnings of $0.36, delivering a surprise of 24.14%. Over the last four quarters, th ...