Quidelortho Corp expected to post earnings of $1.43 a share - Earnings Preview

Quidelortho

14/02/2023 03:03

* Quidelortho Corp  QDEL.OQ   QDEL.O  is expected to show a
rise
in quarterly revenue when it reports  results on February 15. 
    * The San Diego California-based  company is expected to
report  a
22.4% increase in revenue to $779.576 million from $636.87
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. The company's guidance on
January 6 2023, for the period ended December 31, was for
revenue between $853.00 million and $868.00 million.
    * ​Refinitiv's mean analyst estimate for Quidelortho Corp is
for
earnings of $1.43 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 $86.22. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.97        0.74       1.85      Beat    149.9
 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
 ​​Sep.        5.29        3.52       5.36      Beat    52.1
 30 2021                                                
 Jun. 30 2021  1.21        1.20       0.75      Missed  -37.7​
 Mar. 31 2021  4.59        4.71       4.38      Missed  -7
 Dec. 31 2020  10.13       10.14      11.07     Beat    9.2
 This summary was machine generated February 14 at 03:03 GMT. 
All figures in US dollars  unless otherwise stated