Neogen Corp (NEOG) reported fiscal Q3 adjusted earnings Wednesday of $0.10 per share, down from $0.12 a year earlier.
Three analysts polled by FactSet expected $0.11.
Revenue for the quarter ended Feb. 28 was $221 million, compared with $228.8 million a year earlier.
Four analysts polled by FactSet expected $224.1 million.
The company said it now expects fiscal 2025 revenue of about $895 million, compared with its previous guidance range of $905 million to $925 million. Four analysts polled by FactSet expect $909.2 million.
Neogen shares were down more than 14% in recent Wednesday premarket activity.
Price: 6.01, Change: -1.03, Percent Change: -14.63
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.