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Neogen Corp. (NEOG) Tops Q1 EPS by 11c, Maintains Guidance

October 10, 2024 6:58 AM EDT

Neogen Corp. (NASDAQ: NEOG) reported Q1 EPS of $0.07, $0.11 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $217 million versus the consensus estimate of $214.67 million.

GUIDANCE:

Neogen Corp. sees FY2025 revenue of $925-955 million, versus the consensus of $935 million.

  • The Company is maintaining its full-year outlook. Revenue is expected to be in the range of $925 million to $955 million, with Adjusted EBITDA in the range of $215 million to $235 million. The Company continues to expect capital expenditures to be approximately $85 million, including approximately $55 million related specifically to the integration of the former 3M Food Safety Division.

For earnings history and earnings-related data on Neogen Corp. (NEOG) click here.



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