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

Stevanato SpA

31/10/2023 11:31

* Stevanato Group SpA  STVN.N  reported quarterly adjusted
earnings of 15 cents​​ per share for the quarter ended in
September. The mean expectation of ten analysts for the quarter
was for earnings of 15 cents per share.
    * Revenue rose 10.6% to €271.40 million from a year ago;
analysts
expected €280.36 million. 
    * Stevanato Group SpA's reported EPS for the quarter was 14
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Stevanato Group SpA shares had fallen by 8.0% this
quarter and
gained 52.2% so far this year.
    * The company reported quarterly net income of €37.9
million.
    * Wall Street's median 12-month price target for Stevanato
Group
SpA is $36.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 11:30 a.m. UTC. ​All figures in euros unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.15           0.15           Met
 Jun. 30 2023      0.13           0.14           Beat
 Mar. 31 2023      0.12           0.11           Missed
 Dec. 31 2022      0.16           0.18           Beat