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

Stevanato SpA

28/07/2023 12:31

* Stevanato Group SpA  STVN.N  reported quarterly adjusted
earnings of 14 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 13 cents per share.
    * Revenue rose 9% to €255.30 million from a year ago;
analysts
expected €250.56 million. 
    * Stevanato Group SpA's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.6%
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 fallen by 5.9% this
quarter and
gained 69.5% so far this year.
    * The company reported quarterly net income of €34.3
million.
    * Wall Street's median 12-month price target for Stevanato
Group
SpA is $33.50 
    * 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 LSEG Refinitiv data July
28 at 11:30 a.m. UTC. ​All figures in euros unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.13           0.14           Beat
 Mar. 31 2023      0.12           0.11           Missed
 Dec. 31 2022      0.16           0.18           Beat
 Sep. 30 2022      0.13           0.14           Beat