Hologic Inc expected to post earnings of $1.02 a share - Earnings Preview

Hologic

26/07/2024 21:23

* Hologic Inc  HOLX.OQ   HOLX.O  is expected to show a rise
in
quarterly revenue when it reports  results on July 29 for the
period ending June 30 2024
    * The Marlborough Massachusetts-based  company is expected
to
report a 1.6% increase in revenue to $1 billion from $984.4
million a year ago, according to the mean estimate from 14
analysts, based on LSEG data.The company's guidance on May 2
2024, for the period ended June 30, was for revenue between
$992.50 million and $1.01 billion.
    * ​LSEG's mean analyst estimate for Hologic Inc is for
earnings of
$1.02 per share. The company's EPS guidance on May 2 2024, for
the period ended June 30, was between $0.98 and $1.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 8
"hold" and no "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 Hologic Inc
is
$86.50​, above​ its last closing price of $77.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.98        0.98       1.03      Beat    5.4
 Dec. 31 2024  0.97        0.95       0.98      Beat    3
 Sep. 30 2023  0.85        0.84       0.89      Beat    5.9​
 Jun. 30 2023  0.90        0.89       0.93      Beat    4.4
 ​​Mar.        0.88        0.88       1.06      Beat    20.2
 31 2023                                                
 Dec. 31 2022  0.96        0.91       1.07      Beat    17.7​
 Sep. 30 2022  0.63        0.62       0.82      Beat    31.2
 Jun. 30 2022  0.71        0.71       0.95      Beat    33.7
 This summary was machine generated July 26 at 20:23 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)