Azenta Inc expected to post earnings of 8cents a share - Earnings Preview

Azenta

03/02/2023 11:11

* Azenta Inc  AZTA.OQ   AZTA.O  is expected to show a rise
in
quarterly revenue when it reports  results on February 6
(estimated). 
    * The Burlington Massachusetts-based  company is expected to
report  a 30.1% increase in revenue to $181.731 million from
$139.65 million a year ago, according to the mean estimate from
4 analysts, based on Refinitiv data. The company's guidance on
November 14 2022, for the period ended December 31, was for
revenue between $175.00 million and $190.00 million.
    * ​Refinitiv's mean analyst estimate for Azenta Inc is for
earnings of 8 cents per share. The company's EPS guidance on
November 14 2022, for the period ended December 31, was between
$0.08 and $0.16 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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
$70​, above​ its last closing price of $59.90. ​​​

The company's guidance on November 14 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD175 million and
USD21 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.11        0.11       0.12      Beat    9.1​
 Dec. 31 2021  0.08        0.08       0.12      Beat    54.8
 ​​Sep.        0.77        0.77       0.78      Beat    1.8
 30 2021                                                
 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. 31 2020  0.42        0.42       0.47      Beat    12.3
 This summary was machine generated February 3 at 11:11 GMT.  All
figures in US dollars  unless otherwise stated