Embecta Corp expected to post earnings of 49  cents a share - Earnings Preview

Embecta

10/05/2023 12:03

* Embecta Corp  EMBC.OQ   EMBC.O  is expected to report
results on
May 12.
    * The Wilmington Delaware-based  company is expected to
report
revenue of $262.885 million, according to the mean estimate from
2 analysts, based on Refinitiv data.  
    * ​Refinitiv's mean analyst estimate for Embecta Corp is for
earnings of 49 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
$26.5​, below​ its last closing price of $29.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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​
 ​​                                                     
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 This summary was machine generated May 10 at 11:03 GMT.  All
figures in US dollars  unless otherwise stated