Embecta (NASDAQ:EMBC) reported its Q4 earnings results on Tuesday, November 21, 2023 at 05:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Embecta beat estimated earnings by 47.5%, reporting an EPS of $0.59 versus an estimate of $0.4.
Revenue was up $7.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.23 which was followed by a 3.02% drop in the share price the next day.
Here’s a look at Embecta’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.46 | 0.49 | 0.51 | 0.66 |
| EPS Actual | 0.69 | 0.75 | 0.96 | 0.73 |
| Revenue Estimate | 274.95M | 262.88M | 262.90M | 261.01M |
| Revenue Actual | 286.10M | 277.10M | 275.70M | 274.60M |
To track all earnings releases for Embecta visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
