• Fri. Apr 19th, 2024

Earnings Outperform Forecasts, But EPS Falls Short

BySamantha Johnson

Mar 24, 2024
Earnings Outperform Forecasts, But EPS Falls Short

Creative Medical Technology Holdings (NASDAQ: CELZ) recently released its full-year 2023 results. The company’s revenue exceeded analyst estimates by 50%, but its earnings per share (EPS) fell short by 2.2%. Looking ahead, Creative Medical Technology Holdings is forecasting an average annual revenue growth of 61% over the next three years, far outpacing the industry average of 17% growth in the US biotechs sector.

Despite its strong revenue performance, the company’s shares have declined by 3.2% from the previous week. It’s important for investors to consider the risks involved in investing in Creative Medical Technology Holdings. The company has been flagged with 3 warning signs, at least 2 of which are significant. Understanding these risks is essential for making informed investment decisions.

If you have feedback on this article or concerns about its content, feel free to reach out to us directly or email the editorial team at simplywallst.com. It’s important to note that the information provided by Simply Wall St is based on historical data and analyst forecasts, and should not be taken as financial advice. Our goal is to provide unbiased analysis driven by fundamental data to help investors make informed decisions. Be sure to conduct your own research and consider all relevant factors before making any investment decisions.

Please be aware that the analysis provided may not include the most recent company announcements or qualitative information. Simply Wall St does not have a position in any of the stocks mentioned in this article.

By Samantha Johnson

As a content writer at newszkz.com, I delve into the realms of storytelling, blending words to paint vivid narratives that captivate and inform our readers. With a keen eye for detail and a passion for research, I craft compelling articles that resonate with our audience. My love for words drives me to explore diverse topics, ensuring that each piece I create not only educates but also entertains. Join me on this journey as we navigate the ever-evolving landscapes of news and knowledge together.

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