Azenta Inc reports results for the quarter ended in June - Earnings Summary

Azenta

09/08/2022 23:37

* Azenta Inc  AZTA.OQ  reported quarterly adjusted earnings
of 12
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for earnings of
10 cents per share.
    * Revenue fell 57.9% to $132.74 million from a year ago;
analysts
expected $135.87 million. 
    * Azenta Inc's reported EPS for the quarter was a loss of 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 25%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Azenta Inc shares had fallen by 4.3% this quarter and
lost 33.1%
so far this year.
    * The company reported a quarterly loss of $9.57 million.
    * Wall Street's median 12-month price target for Azenta Inc
is
$90.00 
    * 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." 

This summary was machine generated from Refinitiv data August 9
at 10:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.10           0.12           Beat
 Mar. 31 2022      0.11           0.12           Beat
 Dec. 31 2021      0.08           0.12           Beat
 Sep. 30 2021      0.77           0.78           Beat