Neogen (NASDAQ:NEOG) reported its Q2 earnings results on Tuesday, January 9, 2024 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Neogen missed estimated earnings by 21.43%, reporting an EPS of $0.11 versus an estimate of $0.14.
Revenue was down $404 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 6.79% drop in the share price the next day.
Here’s a look at Neogen’s past performance:
| Quarter | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.12 | 0.10 | -0.01 | -0.08 |
| EPS Actual | 0.11 | 0.14 | 0.12 | 0.15 |
| Revenue Estimate | 231.10M | 227.65M | 218.86M | 228.29M |
| Revenue Actual | 228.99M | 241.81M | 218.25M | 230.03M |
To track all earnings releases for Neogen visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
