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Recap: Neogen Q2 Earnings

Neogen (NASDAQ:NEOG) reported its Q2 earnings results on Tuesday, January 9, 2024 at 07:00 AM. Here’s what investors…
byBenzinga Insights
January 9, 2024
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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.

 
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