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

Stevanato SpA

04/05/2023 13:25

* Stevanato Group SpA  STVN.N  reported quarterly adjusted
earnings of 11 cents​​ per share for the quarter ended in March.
The mean expectation of eight analysts for the quarter was
for earnings of 12 cents per share.
    * Revenue rose 12.2% to €238.00 million from a year ago;
analysts
expected €234.08 million. 
    * Stevanato Group SpA's reported EPS for the quarter was 11
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Stevanato Group SpA shares had risen by 7.3% this
quarter and
gained 54.6% so far this year.
    * The company reported quarterly net income of €28.3
million.
    * Wall Street's median 12-month price target for Stevanato
Group
SpA is $27.50 
    * 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 May
4 at 12:25 p.m. UTC. ​All figures in euros unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.12           0.11           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