• Stevanato Group SpA STVN.N reported quarterly adjusted earnings of 18 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 19 cents. The mean expectation of ten analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 15 cents to 19 cents per share.

• Revenue rose 4.8% to €346.50 million from a year ago; analysts expected €333.01 million.

• Stevanato Group SpA's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of €47.6 million.

• Stevanato Group SpA shares had fallen by 26.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

• Wall Street's median 12-month price target for Stevanato Group SpA is $28.00, about 47.4% above its last closing price of $14.73

This summary was machine generated from LSEG data March 4 at 12:31 p.m. UTC. ​All figures in euros unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)