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NASDAQ:NEOG

Neogen Q2 2019 Earnings Results & Report

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$11.98 +0.19 (+1.61%)
Closing price 10/22/2026 04:00 PM Eastern
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Neogen beat analyst earnings expectations but missed on revenue in its Q2 2019 results, released December 20, 2018. The company reported EPS of $0.0775 versus the $0.0750 consensus estimate, while revenue of $107.10 million fell short of the $108.52 million estimate by $1.42 million. Revenue increased 6.4% year over year.

Earnings Announcement Details

Quarter
Q2 2019
Time
Before Market Opens

Neogen EPS Results

Actual EPS
$0.0775
Consensus EPS
$0.0750
Beat/Miss
Beat by +$0.0025
One Year Ago EPS
$0.0825
EPS Beat Rate
6 of last 8 quarters

Neogen Revenue Results

Actual Revenue
$107.10 million
Expected Revenue
$108.52 million
Beat/Miss
Missed by -$1.42 million
YoY Revenue Growth
+6.40%

Conference Call Resources

Neogen Q2 2019 Earnings FAQ

Neogen (NASDAQ:NEOG) reported earnings of $0.0775 per share for Q2 2019, beating the consensus estimate of $0.0750. The report was announced on Thursday, December 20, 2018.

Neogen reported revenue of $107.10 million for Q2 2019, against a consensus estimate of $108.52 million.

Neogen Earnings Headlines

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About Neogen

Neogen (NASDAQ:NEOG) develops and markets products and services designed to help protect the food supply and support animal health. Its food safety offerings include diagnostic tests and laboratory products used to detect pathogens, allergens, mycotoxins, genetically modified organisms, veterinary drug residues, and other contaminants in food and agricultural environments.

The company also provides sanitation and hygiene products, environmental monitoring solutions, and software and data-management tools that help food processors, retailers, laboratories, and other organizations manage food safety programs. Neogen’s animal safety business serves livestock, poultry, companion animal, and veterinary markets with products related to diagnostics, biosecurity, animal care, genomics, and veterinary instruments.

Neogen was founded in 1982 and is headquartered in Lansing, Michigan. In 2022, it completed the acquisition of 3M’s Food Safety business, expanding its portfolio and global reach. The company serves customers in North America and international markets through direct operations, distributors, and other commercial partners.

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