QuidelOrtho Corp reports results for the quarter ended June 30 - Earnings Summary
QuidelOrtho Corp reports results for the quarter ended June 30 - Earnings Summary
QuidelOrtho Corp QDEL.OQ reported quarterly adjusted earnings of 13 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of three analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -5 cents to -4 cents per share.
Revenue rose 2.8% to $630.90 million from a year ago; analysts expected $618.85 million.
QuidelOrtho Corp's reported EPS for the quarter was a loss of $1.36.
The company reported a quarterly loss of $92.9 million.
QuidelOrtho Corp shares had fallen by 0.1% this quarter and lost 38.7% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 515.2% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
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 1 "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."
Wall Street's median 12-month price target for QuidelOrtho Corp is $26.00, about 32.7% above its last closing price of $17.50
This summary was machine generated from LSEG data August 6 at 09:42 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 |
Jun. 30 2026 | -0.05 | 0.13 | Beat |
Mar. 31 2026 | 0.40 | -0.04 | Missed |
Dec. 31 2025 | 0.42 | 0.46 | Beat |
Sep. 30 2025 | 0.46 | 0.80 | Beat |
Recent news on Quidelortho
See all newsBrief: Quidelortho Corp Enters Amendment No. 1 To Credit Agreement On Sept 23, 2026
QuidelOrtho Corp reports results for the quarter ended June 30 - Earnings Summary
Brief: QuidelOrtho Q2 EPS USD -1.36
Media: QuidelOrtho looks to sell testing unit as PE circles healthcare companies - FT
U.S. STOCKS ON THE MOVE-Bath & Body Works, Avis Budget, Cerebras