Recap: Novozymes Q4 Earnings

Novozymes NVZMY reported its Q4 earnings results on Thursday, February 1, 2024 at 03:00 AM.

Here's what investors need to know about the announcement.

Earnings

Novozymes missed estimated earnings by 18.18%, reporting an EPS of $0.36 versus an estimate of $0.44.

Revenue was up $58.13 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 2.66% increase in the share price the next day.

Here's a look at Novozymes's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.42 0.42 0.44 0.41
EPS Actual 0.49 0.32 0.41 0.43
Revenue Estimate 634.28M 632.02M 662.60M 671.94M
Revenue Actual 650.51M 616.52M 666.31M 606.10M

To track all earnings releases for Novozymes visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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