NeogenNEOG stock fell by 0.82% on Wednesday after the company reported its Q1 earnings results on Tuesday, September 21, 2021 at 08:45 AM.
Here's what investors need to know about the announcement.
Earnings
Neogen reported in-line quarterly earnings.
Revenue was up $18,980,000 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $-0.01, which was followed by a 0.07% drop in the share price the next day.
Here's a look at Neogen's past performance and the resulting price change:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
---|---|---|---|---|---|
EPS Estimate | 0.16 | 0.16 | 0.26 | 0.31 | 0.27 |
EPS Actual | 0.16 | 0.15 | 0.25 | 0.30 | 0.30 |
Price Change % | -0.82% | -0.07% | -0.39% | -0.43% | -4.89% |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Neogen earnings and revenue guidance hasn't been issued for now.
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
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