Stevanato Group SpA expected to post earnings of 11 cents a share - Earnings Preview

Stevanato SpA

07/05/2024 11:32

* Stevanato Group SpA  STVN.N   STVN.K  is expected to show
a fall
in quarterly revenue when it reports  results on May 9 for the
period ending March 31 2024
    * The Piombino Dese Padova-based  company is expected to
report a
0.3% decrease in revenue to €237.171 million from €238 million a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Stevanato Group SpA is
for
earnings of 11 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 Stevanato
Group
SpA is $36.00​, above​ its last closing price of $26.67. ​​​

Previous quarterly performance (using preferred earnings measure
in euros). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023              0.19       0.18      Missed  -6.7
 Sep. 30 2023  0.15        0.15       0.15      Met     -1.6
 Jun. 30 2023  0.13        0.13       0.14      Beat    7.6​
 Jan. 1 0001   0.12        0.12       0.11      Missed  -7.9
 ​​Dec.        0.16        0.16       0.18      Beat    12.9
 31 2022                                                
 Jan. 1 0001   0.14        0.13       0.14      Beat    5.9​
 Jun. 30 2022  0.11        0.12       0.12      Met     3.6
 Mar. 31 2022  0.10        0.10       0.11      Beat    8.9
 This summary was machine generated May 7 at 10:32 GMT.  All
figures in euros 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)