Azenta Inc expected to post a loss of 2 cents a share - Earnings Preview

Azenta

05/08/2023 01:19

* Azenta Inc  AZTA.OQ   AZTA.O  is expected to show a rise
in
quarterly revenue when it reports  results on August 8. 
    * The Burlington Massachusetts-based  company is expected to
report  a 15.5% increase in revenue to $153.332 million from
$132.74 million a year ago, according to the mean estimate from
6 analysts, based on Refinitiv data. The company's guidance on
May 9 2023, for the period ended June 30, was for revenue
between $150.00 million and $168.00 million.
    * ​Refinitiv's mean analyst estimate for Azenta Inc is for a
loss
of 2 cents per share. The company's EPS guidance on May 9 2023,
for the period ended June 30, was between $-0.07 and $0.03 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Azenta Inc
is
$50.5​, above​ its last closing price of $47.54. ​​​

The company's guidance on May 9 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 150 million and 6 million (USD).
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  -0.01       -0.02      -0.06     Missed  -172.7
 Dec. 31 2023  0.09        0.08       0.12      Beat    43.3
 Sep. 30 2022  0.05        0.07       0.16      Beat    145.4​
 Jun. 30 2022  0.09        0.10       0.12      Beat    23.1
 ​​Mar.        0.11        0.11       0.12      Beat    9.1
 31 2022                                                
 Dec. 31 2021  0.08        0.08       0.12      Beat    54.8​
 Sep. 30 2021  0.77        0.77       0.78      Beat    1.8
 Jun. 30 2021  0.69        0.68       0.72      Beat    5.2
 This summary was machine generated August 5 at 00:19 GMT.  All
figures in US dollars  unless otherwise stated