Brokerages Anticipate MaxCyte, Inc. (NASDAQ:MXCT) to Announce -$0.07 Earnings Per Share

Equities research analysts forecast that MaxCyte, Inc. (NASDAQ:MXCTGet Rating) will post earnings of ($0.07) per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for MaxCyte’s earnings. The business is scheduled to issue its next earnings results after the market closes on Monday, January 1st.

On average, analysts expect that MaxCyte will report full-year earnings of ($0.27) per share for the current financial year, with EPS estimates ranging from ($0.32) to ($0.23). For the next financial year, analysts anticipate that the firm will report earnings of ($0.28) per share, with EPS estimates ranging from ($0.36) to ($0.24). Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover MaxCyte.

MaxCyte (NASDAQ:MXCTGet Rating) last released its quarterly earnings results on Tuesday, March 22nd. The company reported ($0.05) earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of ($0.05). MaxCyte had a negative return on equity of 11.11% and a negative net margin of 56.30%.

Shares of MXCT opened at $5.66 on Friday. MaxCyte has a twelve month low of $4.97 and a twelve month high of $17.44.

A hedge fund recently bought a new stake in MaxCyte stock. Nkcfo LLC acquired a new position in shares of MaxCyte, Inc. (NASDAQ:MXCTGet Rating) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 13,000 shares of the company’s stock, valued at approximately $91,000. Hedge funds and other institutional investors own 54.86% of the company’s stock.

MaxCyte Company Profile (Get Rating)

MaxCyte, Inc, a global life sciences company, engages in the discovery, development, and commercialization of next-generation cell therapies. Its products include ExPERT ATx, a static electroporation instrument for small to medium scale transfection; ExPERT STx, a flow electroporation for protein production and drug development, as well as expression of therapeutic targets for cell-based assays; ExPERT GTx, a flow electroporation for large scale transfection in therapeutic applications; and ExPERT VLx for very large volume cell-engineering.

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