Neogen Expects FY24 Revenue Of $955M-$985M Vs. Consensus Of $946.6M; Forecasts Adjusted EBITDA Of $235M-$255M
Portfolio Pulse from Benzinga Newsdesk
Neogen Corporation has projected its FY24 revenue to be between $955M and $985M, surpassing the consensus estimate of $946.6M. The company also forecasts its adjusted EBITDA to be in the range of $235M-$255M.
July 27, 2023 | 11:14 am
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Neogen's projected FY24 revenue and adjusted EBITDA surpass consensus estimates, indicating strong future performance.
Neogen's projected revenue and adjusted EBITDA for FY24 are higher than the consensus estimates. This indicates that the company is expected to perform well in the future, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
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RELEVANCE 100