Embecta: Q4 Earnings Insights

Embecta 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.

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.

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.

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