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Natera (NTRA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
NTRANatera(NTRA) ZACKS·2024-11-13 00:31

Core Insights - Natera reported a revenue of 439.76millionforthequarterendedSeptember2024,markinga63.9439.76 million for the quarter ended September 2024, marking a 63.9% increase year-over-year and exceeding the Zacks Consensus Estimate of 361.16 million by 21.76% [1] - The company's EPS was -0.26,animprovementfrom−0.26, an improvement from -0.95 in the same quarter last year, with a surprise of 54.39% compared to the consensus estimate of -0.57[1]FinancialPerformanceMetrics−TestsProcessedVolumereached775,800,surpassingtheaverageestimateof740,986fromthreeanalysts[3]−ProductRevenueswerereportedat0.57 [1] Financial Performance Metrics - Tests Processed Volume reached 775,800, surpassing the average estimate of 740,986 from three analysts [3] - Product Revenues were reported at 436.13 million, exceeding the estimated 357.01millionbyfouranalysts,reflectingayear−over−yearincreaseof64.4357.01 million by four analysts, reflecting a year-over-year increase of 64.4% [3] - Revenues from Licensing and other sources amounted to 3.63 million, compared to the average estimate of $2.94 million, representing a 17.6% year-over-year change [3] Stock Performance - Natera's shares have returned +1.6% over the past month, while the Zacks S&P 500 composite increased by +3.3% [4] - The stock currently holds a Zacks Rank 2 (Buy), suggesting potential for outperformance against the broader market in the near term [4]