QuidelOrtho (QDEL) Beats Q3 Earnings and Revenue Estimates
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QuidelOrtho (QDEL) reported Q3 earnings of $0.85 per share, surpassing the Zacks Consensus Estimate of $0.31 per share. This is a slight decrease from the $0.90 per share reported a year ago.
November 08, 2024 | 1:00 am
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QuidelOrtho reported Q3 earnings of $0.85 per share, significantly exceeding the expected $0.31 per share, indicating strong financial performance.
The significant earnings beat suggests strong financial performance, which is likely to positively impact the stock price in the short term. The earnings per share were much higher than expected, indicating better-than-anticipated profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100