Neogen Corporation (NASDAQ:NEOG) developer of products and services for food and animal safety, is expected to report fourth quarter earnings results, before market open, on Tuesday 21st July 2020.
Analysts polled by Thomson Reuters anticipate fourth quarter income of $ 0.30 per share.
Looking ahead, the full year income are expected at $ 1.11 per share on the revenues of $ 421.26 million.
Previous Quarter Performance
Neogen Corporation revealed income for the third quarter of $ 0.23 per share, from the revenue of $ 99.87 million. The quarterly earnings contracted 8.00 percent compared with the same quarter last year. Street analysts expected Neogen Corporation to report income of $ 0.27 per share on revenue of $ 102.42 million for the third quarter. The bottom line results missed street analysts by $ 0.04 or 14.81 percent, at the same time, top line results fell short of analysts by $ 2.55 million or 2.49 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of NEOG was $ 78.00, representing a 59.48 % increase from the 52 week low of $ 48.91 and a 3.08 % decrease over the 52 week high of $ 80.48.
The company has a market capital of $ 4.13 billion and is part of the Healthcare sector and Diagnostics & Research industry.
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Neogen Corporation, together with its subsidiaries, develops, manufactures, and markets various products for food and animal safety worldwide. It operates through two segments, Food Safety and the Animal Safety. The Food Safety segment offers diagnostic test kits and related products to detect dangerous and unintended substances in food and animal feed, including foodborne pathogens, spoilage organisms, natural toxins, food allergens, genetic modifications, ruminant by-products, meat speciation, drug residues, pesticide residues, and general sanitation concerns; and AccuPoint Advanced rapid sanitation test for adenosine triphosphate, a chemical found in living cells.
