Recap: Neogen Q2 Earnings

Neogen 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.

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.

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.