Azenta Inc expected to post earnings of 11  cents a share - Earnings Preview

Azenta

30/04/2022 03:08

* Azenta Inc  AZTA.OQ   AZTA.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 9. 
    * The Chelmsford Massachusetts-based  company is expected to
report  a 50.4% decrease in revenue to $142.096 million from
$286.59 million a year ago, according to the mean estimate from
5 analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Azenta Inc is for
earnings of 11 cents per share. For the same quarter last year,
the company reported earnings of 61 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"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
$115​, above​ its last closing price of $74.96. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2021  0.51        0.50       0.61      Beat    21.4
 ​​Dec.        0.42        0.42       0.47      Beat    12.3
 31 2020                                                
 Sep. 30 2020  0.35        0.36       0.47      Beat    32​
 Jun. 30 2020  0.20        0.20       0.32      Beat    60.8
 Mar. 31 2020  0.24        0.24       0.25      Beat    2.5
 This summary was machine generated April 30 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated