Quidelortho Corp reports results for the quarter ended in December - Earnings Summary

Quidelortho

15/02/2023 22:46

* Quidelortho Corp  QDEL.OQ  reported quarterly adjusted
earnings
of $1.76​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of $1.43 per share.
    * Revenue rose 36.1% to $866.50 million from a year ago;
analysts
expected $779.58 million. 
    * Quidelortho Corp's reported EPS for the quarter was 45
cents​.
    * The mean earnings estimate of analysts had risen by
about 7.2%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Quidelortho Corp shares had risen by 0.2% this quarter.
    * The company reported quarterly net income of $30.3
million.
    * Wall Street's median 12-month price target for Quidelortho
Corp
is $125.00 
    * 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." 

This summary was machine generated from Refinitiv data February
15 at 10:46 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.43           1.76           Beat
 Sep. 30 2022      0.74           1.85           Beat
 Jun. 30 2022      2.80           2.34           Missed
 Mar. 31 2022      9.89           11.66          Beat