QuidelOrtho Corp expected to post a loss of 23 cents a share - Earnings Preview
29/07/2024 23:52
* QuidelOrtho Corp QDEL.OQ QDEL.O is expected to show a
fall
in quarterly revenue when it reports results on July 31 for the
period ending January 1 0001
* The San Diego California-based company is expected to
report a
7.8% decrease in revenue to $613.537 million from $665.1 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
* LSEG's mean analyst estimate for QuidelOrtho Corp is for
a loss
of 23 cents per share.
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "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 QuidelOrtho
Corp
is $60.00, above its last closing price of $38.93.
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 0.36 0.39 0.44 Beat 12.6
Dec. 31 2024 2.03 2.05 1.17 Missed -42.9
Sep. 30 2023 0.62 0.60 0.90 Beat 50.8
Jun. 30 2023 0.33 0.28 0.26 Missed -7
Mar. 1.59 1.49 1.80 Beat 20.6
31 2023
Jan. 1 0001 1.43 1.43 1.76 Beat 23.4
Sep. 30 2022 0.97 0.74 1.85 Beat 149.9
Jun. 30 2022 2.81 2.80 2.34 Missed -16.3
This summary was machine generated July 29 at 22:52 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)