Neogen (NASDAQ:NEOG) is set to give its latest quarterly earnings report on Thursday, 2024-10-10. Here's what investors need to know before the announcement.
Analysts estimate that Neogen will report an earnings per share (EPS) of $0.08.
Investors in Neogen are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
In the previous earnings release, the company missed EPS by $0.01, leading to a 3.13% drop in the share price the following trading session.
Here's a look at Neogen's past performance and the resulting price change:
Quarter
Q4 2024
Q3 2024
Q2 2024
Q1 2024
EPS Estimate
0.11
0.14
0.14
0.12
EPS Actual
0.10
0.12
0.11
0.11
Price Change %
-3.0%
-4.0%
3.0%
-7.000000000000001%
Tracking Neogen's Stock Performance
Shares of Neogen were trading at $14.69 as of October 08. Over the last 52-week period, shares are down 2.27%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
Analyst Opinions on Neogen
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Neogen.
With 1 analyst ratings, Neogen has a consensus rating of Neutral. The average one-year price target is ...
