Benzinga | Dec 20, 2021 10:04AM EST

Earnings Outlook For Neogen

Neogen (NASDAQ:NEOG) is set to give its latest quarterly earnings report on Tuesday, 2021-12-21. Here's what investors need to know before the announcement.

Analysts estimate that Neogen will likely report an Earnings Per Share (EPS) of $0.17.

Neogen bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed EPS by $0.00, which was followed by a 0.82% drop in the share price the next day.

Here's a look at Neogen's past performance and the resulting price change:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021EPS Estimate 0.16 0.16 0.26 0.31EPS Actual 0.16 0.15 0.25 0.30Price Change % -0.82% -0.07% -0.39% -0.43%

Stock Performance

Shares of Neogen were trading at $44.39 as of December 17. Over the last 52-week period, shares are up 7.12%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here