Stevanato Group SpA reports results for the quarter ended in December - Earnings Summary

Stevanato SpA

02/03/2023 12:33

* Stevanato Group SpA  STVN.N  reported quarterly adjusted
earnings of 18 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 16 cents per share.
    * Revenue fell 57% to €100.00 million from a year ago;
analysts
expected €271.89 million. 
    * Stevanato Group SpA's reported EPS for the quarter was 18
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Stevanato Group SpA shares had risen by 24.3% this
quarter.
    * The company reported quarterly net income of €48.3
million.
    * Wall Street's median 12-month price target for Stevanato
Group
SpA is $22.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 2
at 12:33 p.m.  ​All figures in euros unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.16           0.18           Beat
 Sep. 30 2022      0.13           0.14           Beat
 Jun. 30 2022      0.12           0.12           Met
 Mar. 31 2022      0.10           0.11           Beat