Phibro Animal Health Corp reports results for the quarter ended in December - Earnings Summary

Phibro Animal Health

07/02/2024 23:36

* Phibro Animal Health Corp  PAHC.OQ  reported quarterly
adjusted
earnings of 33 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 34 cents.  The mean expectation of
four analysts for the quarter was for earnings of 28 cents per
share. Wall Street expected results to range from 24 cents to 32
cents per share.
    * Revenue rose 2.2% to $249.90 million from a year ago;
analysts
expected $242.30 million. 
    * Phibro Animal Health Corp's reported EPS for the quarter
was 3
cents​.
    * The company reported quarterly net income of $1.3 million.
    * Phibro Animal Health Corp shares had fallen by 6.6% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the
pharmaceuticals
peer group is also "hold"

Wall Street's median 12-month price target for Phibro Animal
Health Corp is $11.00 
This summary was machine generated from LSEG data February 7 at
11:36 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.28           0.33           Beat
 Sep. 30 2023      0.23           0.14           Missed
 Jun. 30 2023      0.38           0.38           Met
 Mar. 31 2023      0.34           0.29           Missed