Neogen Q3 2024 Adj EPS $0.12 Misses $0.14 Estimate, Sales $228.812M Miss $230.011M Estimate
Portfolio Pulse from Benzinga Newsdesk
Neogen (NASDAQ:NEOG) reported Q3 2024 adjusted EPS of $0.12, missing the $0.14 estimate, and sales of $228.812M, below the $230.011M estimate. This represents a 4.84% increase in sales compared to the same period last year.
April 09, 2024 | 11:02 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Neogen reported Q3 2024 adjusted EPS of $0.12, missing estimates by 14.29%, and sales of $228.812M, slightly below estimates. Year-over-year sales increased by 4.84%.
Missing both EPS and sales estimates can negatively impact investor sentiment and stock price in the short term. However, the year-over-year sales growth may provide some positive outlook.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100