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

Azenta

08/08/2023 23:37

* Azenta Inc  AZTA.OQ  reported quarterly adjusted earnings
of 13
cents​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 25% to $165.95 million from a year ago;
analysts
expected $153.33 million. 
    * Azenta Inc's reported EPS for the quarter was a loss of 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 364.6% in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Azenta Inc shares had risen by 1.6% this quarter and
lost 18.5%
so far this year.
    * The company reported a quarterly loss of $1.47 million.
    * Wall Street's median 12-month price target for Azenta Inc
is
$50.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 10:37 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          0.13           Beat
 Mar. 31 2023      -0.02          -0.06          Missed
 Dec. 31 2022      0.08           0.12           Beat
 Sep. 30 2022      0.07           0.16           Beat