Embecta Corp expected to post earnings of 46  cents a share - Earnings Preview

Embecta

04/08/2023 16:14

* Embecta Corp  EMBC.OQ   EMBC.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 8. 
    * The Wilmington Delaware-based  company is expected to
report  a
5.5% decrease in revenue to $275.065 million from $291.1 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Embecta Corp is for
earnings of 46 cents per share. 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and 2 "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 Embecta
Corp is
$22​, above​ its last closing price of $21.29. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.49        0.49       0.24      Missed  -50.7
 Dec. 31 2023  0.51        0.52       0.96      Beat    86.4
 Sep. 30 2022  0.72        0.67       1.18      Beat    77.4​
 Jun. 30 2022  0.87        0.87       1.30      Beat    49.4
 ​​                                                     
                                                        ​
 This summary was machine generated August 4 at 15:14 GMT.  All
figures in US dollars  unless otherwise stated