Investors got a peek into Neogen Corporation's (NASDAQ: NEOG) first quarter performance as the company unveiled its earnings in advance of the regular trading session.
By the end of the quarter, the business's bottomline stood at adjusted income of $0.07 per share, down 36.36 in contrast to the first quarter of prior year.
Simultaneously, the revenues for the quarter reaching $216.96 million, down 5.25 percent in comparison to the matching quarter of previous year.
The findings gone beyond the wall street projected $215.06 million in revenue, yet did not quite meet the forecasted $0.09 profit per share.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2025 | $0.07 | -36.4% | 216.96 M | -5.3% |
| Historical Earnings Insight | ||||
| Q4 2024 | $0.10 | -28.6% | 236.79 M | -2.1% |
| Q3 2024 | $0.12 | 0% | 228.81 M | +4.8% |
| Q2 2024 | $0.11 | -26.7% | 229.63 M | -0.2% |
| Q1 2024 | $0.11 | -26.7% | 228.99 M | +73.0% |
| Q4 2023 | $0.14 | 0% | 241.81 M | +72.6% |
| *Growth on year-over-year basis | ||||
Looking forward, The company has projected revenue objective to be between $925.00 and $955.00 million for fiscal year 2025.
At the same time financial analysts on Wall Street anticipate revenues of $934.89 million
| Period | Type | Company Outlook |
Analysts Estimate |
Company Vs.* Analysts |
|---|---|---|---|---|
| FY 2025 | REV | $925 M~$955 M | $935 M | 0.5% |
| *Based on mid-point | ||||
Wednesday's trading saw Neogen (NEOG) shares hit a low of $14.50 and a high of $15.02, with a day volume of 2.04 million shares. The stock closed the regular trading session at $14.85, marking 1.09 percent rise.