Embecta Corp reports results for the quarter ended in December - Earnings Summary

Embecta

14/02/2023 14:31

* Embecta Corp  EMBC.OQ  reported quarterly adjusted
earnings of
96 cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of 52 cents per share.
    * Revenue was $275.70 million​; analysts expected $262.90
million. 
    * Embecta Corp's reported EPS for the quarter was 61 cents​.
    * The mean earnings estimate of analysts had fallen by
about 36.4%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Embecta Corp shares had risen by 12.4% this quarter.
    * The company reported quarterly net income of $35.2
million.
    * Wall Street's median 12-month price target for Embecta
Corp is
$26.50 
    * 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." 

This summary was machine generated from Refinitiv data February
14 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.52           0.96           Beat
 Sep. 30 2022      0.67           1.18           Beat
 Jun. 30 2022      0.87           1.30           Beat