QuidelOrtho Corp expected to post earnings of 60  cents a share - Earnings Preview

Quidelortho

31/10/2023 24:17

* QuidelOrtho Corp  QDEL.OQ   QDEL.O  is expected to show a
fall
in quarterly revenue when it reports  results 
    * The San Diego California-based  company is expected to
report  a
7.7% decrease in revenue to $723.214 million from $783.8 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. The company's guidance on October 12
2023, for the period ended September 30, was for revenue between
$738.00 million and $744.00 million.
    * ​Refinitiv's mean analyst estimate for QuidelOrtho Corp is
for
earnings of 60 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 $125​, above​ its last closing price of $60.15. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.97        0.74       1.85      Beat    149.9
 ​​Jun.        2.81        2.80       2.34      Missed  -16.3
 30 2022                                                
 Mar. 31 2022  10.90       9.89       11.66     Beat    17.9​
 Dec. 31 2021  6.02        5.61       7.29      Beat    30
 Sep. 30 2021  5.29        3.52       5.36      Beat    52.1
 This summary was machine generated October 31 at 00:17 GMT.  All
figures in US dollars  unless otherwise stated