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

Azenta

10/05/2023 17:10

* Azenta Inc  AZTA.OQ  reported a quarterly adjusted loss
of 6
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 2% to $148.40 million from a year ago;
analysts
expected $161.90 million. 
    * Azenta Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 161.8% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Azenta Inc shares had risen by 0.7% this quarter and
lost 22.8%
so far this year.
    * The company reported a quarterly loss of $4.93 million.
    * Wall Street's median 12-month price target for Azenta Inc
is
$52.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 04:10 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.02          -0.06          Missed
 Dec. 31 2022      0.08           0.12           Beat
 Sep. 30 2022      0.07           0.16           Beat
 Jun. 30 2022      0.10           0.12           Beat