Qiagen Q3 Adjusted Earnings, Revenue Increase; Raises 2024 Adjusted Earnings Guidance

MT Newswires Live
07 Nov 2024

Qiagen (QGEN) reported Q3 adjusted earnings late Wednesday of $0.57 per diluted share, up from $0.50 a year earlier.

Analysts polled by Capital IQ expected $0.55.

Revenue for the quarter was $501.9 million compared with $475.9 million a year earlier.

Analysts surveyed by Capital IQ expected $491.5 million.

The company said its 2024 adjusted diluted EPS outlook has been increased to at least $2.19 from $2.16 previously. Analysts polled by Capital IQ expect $2.19. The company reaffirmed its 2024 sales outlook of at least $1.99 billion. Analysts polled by Capital IQ expect $1.97 billion.

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