Azenta Q3 2024 Adj. EPS $0.16 Beats $0.07 Estimate, Sales $172.809M Beat $166.262M Estimate
Portfolio Pulse from Benzinga Newsdesk
Azenta (NASDAQ:AZTA) reported Q3 2024 adjusted EPS of $0.16, significantly beating the analyst estimate of $0.07. The company also reported sales of $172.809 million, surpassing the $166.262 million estimate. This represents a 4.13% increase over the same period last year.
August 06, 2024 | 8:12 pm
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Azenta (NASDAQ:AZTA) reported Q3 2024 adjusted EPS of $0.16, significantly beating the analyst estimate of $0.07. The company also reported sales of $172.809 million, surpassing the $166.262 million estimate. This represents a 4.13% increase over the same period last year.
Azenta's strong earnings and sales performance, significantly beating analyst estimates, is likely to positively impact its stock price in the short term. The substantial EPS beat and sales growth indicate robust financial health and operational efficiency.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100