QuidelOrtho Corp expected to post earnings of $2.05 a share - Earnings Preview
09/02/2024 21:56
* QuidelOrtho Corp QDEL.OQ QDEL.O is expected to show a
fall
in quarterly revenue when it reports results on February 13 for
the period ending December 31 2023
* The San Diego California-based company is expected to
report a
8.0% decrease in revenue to $796.912 million from $866.5 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data. (Majority SAL is on Total Revenue basis)
* LSEG's mean analyst estimate for QuidelOrtho Corp is for
earnings of $2.05 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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 QuidelOrtho
Corp
is $72.00, above its last closing price of $67.02.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 0.62 0.60 0.90 Beat 50.8
Jun. 30 2023 0.33 0.28 0.26 Missed -7
Mar. 31 2023 1.59 1.49 1.80 Beat 20.6
Dec. 31 2022 1.43 1.43 1.76 Beat 23.4
Sep. 0.97 0.74 1.85 Beat 149.9
30 2022
Jun. 30 2022 2.81 2.80 2.34 Missed -16.3
Mar. 31 2022 10.90 9.89 11.66 Beat 17.9
Dec. 31 2021 6.02 5.61 7.29 Beat 30
This summary was machine generated February 9 at 21:56 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)