Organon (NYSE:OGN) reported its Q1 earnings results on Thursday, May 4, 2023 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Organon missed estimated earnings by 4.31%, reporting an EPS of $1.11 versus an estimate of $1.16.
Revenue was down $29.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 4.62% increase in the share price the next day.
Here’s a look at Organon’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.90 | 1.10 | 1.25 | 1.30 |
| EPS Actual | 0.81 | 1.32 | 1.25 | 1.65 |
| Revenue Estimate | 1.51B | 1.52B | 1.54B | 1.52B |
| Revenue Actual | 1.49B | 1.54B | 1.58B | 1.57B |
To track all earnings releases for Organon visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
