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

Embecta

20/12/2022 14:00

* Embecta Corp  EMBC.OQ  reported quarterly adjusted
earnings of
$1.18​​ per share for the quarter ended in September. The mean
expectation of three analysts for the quarter was for earnings
of 67 cents per share.
    * Revenue was $274.60 million​; analysts expected $261.02
million. 
    * Embecta Corp's reported EPS for the quarter was a loss
of 30
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Embecta Corp shares had risen by 12.8% this quarter.
    * The company reported a quarterly loss of $17.2 million.
    * Wall Street's median 12-month price target for Embecta
Corp is
$29.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data December
20 at 02:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.67           1.18           Beat
 Jun. 30 2022      0.87           1.30           Beat