financetom
Business
financetom
/
Business
/
Embecta Fiscal Q4 Adjusted Earnings Decline, Revenue Increases; Fiscal 2025 Guidance Issued
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Embecta Fiscal Q4 Adjusted Earnings Decline, Revenue Increases; Fiscal 2025 Guidance Issued
Nov 26, 2024 4:34 AM

07:02 AM EST, 11/26/2024 (MT Newswires) -- Embecta ( EMBC ) reported fiscal Q4 adjusted earnings Tuesday of $0.45 per diluted share, down from $0.59 a year earlier.

Analysts polled by FactSet expected $0.36.

Revenue for the quarter ended Sept. 30 was $286.1 million, down from $281.9 million a year earlier.

Four analysts surveyed by FactSet expected $277 million

For fiscal 2025, the medical supplies company expects adjusted EPS of $2.70 to $2.90 on revenue of $1.09 billion to $1.11 billion. Analysts polled by FactSet expect non-GAAP EPS of $2.27 on revenue of $1.12 billion.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Why Transcode Therapeutics (RNAZ) Stock Is Moving
Why Transcode Therapeutics (RNAZ) Stock Is Moving
Nov 25, 2024
Transcode Therapeutics Inc ( RNAZ ) shares are trading lower by 9% to 34 cents Monday afternoon after the company announced its Board’s approval of a 1-for-33 reverse stock split, aiming to boost its share price and maintain compliance with Nasdaq’s minimum bid price requirements. What Else: Approved by stockholders on November 22, the split consolidates every 33 shares into...
What's Going On With Upexi Shares Monday?
What's Going On With Upexi Shares Monday?
Nov 25, 2024
Upexi, Inc. ( UPXI ) shares are trading lower. The company filed a complaint in the U.S. District Court for Nevada to investigate those behind the manipulative fractional share round-up scheme during its reverse stock split. The Details: Upexi ( UPXI ) believes that through the discovery process the company will be able to decipher who engaged in the manipulative...
Arcbest Insider Sold Shares Worth $428,649, According to a Recent SEC Filing
Arcbest Insider Sold Shares Worth $428,649, According to a Recent SEC Filing
Nov 25, 2024
02:59 PM EST, 11/25/2024 (MT Newswires) -- Craig E Philip, Director, on November 22, 2024, sold 3,900 shares in Arcbest ( ARCB ) for $428,649. Following the Form 4 filing with the SEC, Philip has control over a total of 23,250 shares of the company, with 23,250 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/894405/000141588924027622/xslF345X05/form4-11252024_071127.xml Price: 113.53, Change: +3.62, Percent Change: +3.29...
Coinbase Likely to Benefit from Incoming Trump Administration, Oppenheimer Says
Coinbase Likely to Benefit from Incoming Trump Administration, Oppenheimer Says
Nov 25, 2024
03:00 PM EST, 11/25/2024 (MT Newswires) -- Coinbase Global ( COIN ) is likely to benefit from the incoming Trump administration which is perceived to be pro-cryptocurrencies, Oppenheimer said in a note emailed Monday. The investment firm said it expects enforcement actions against the industry to substantially reduce as the next head of the US Securities and Exchange Commission is...
Copyright 2023-2026 - www.financetom.com All Rights Reserved