Neogen's (NEOG) vast international trade is being impacted by global macroeconomic issues. Also, a tough competitive landscape weighs on the stock. NEOG stock carries a Zacks Rank #4 (Sell) currently.Factors Pulling NEOG Stock DownNeogen’s international business continues to be affected due to currency movements. During the fiscal first quarter, the company faced a foreign currency headwind of 390 basis points. Further, the current macroeconomic environment has been affecting Neogen’s financial operations. ...

LANSING, Mich., Dec. 19, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) will issue its second-quarter earnings release before the opening of the market on Thursday, January 9, 2025. Executives from the company will host a webcast and conference call later that morning, beginning at 8:00 a.m. Eastern time, to discuss the financial results.The conference call can be accessed by dialing (800) 836-8184 (U.S.) or +1 (646) 357-8785 (international) and requesting the Neogen Corporation Q2 FY25 Earnings Ca ...

Neogen Corporation (NEOG) , an innovative leader in food safety solutions, recently introduced the Neogen Petrifilm Bacillus cereus Count Plate. This solution offers food safety professionals a simple, reliable, and efficient testing method for Bacillus cereus. Petrifilm Bacillus cereus Count Plate is the latest addition to the company’s Petrifilm product line.NEOG’s Likely Stock Trend Following the NewsFollowing the announcement, shares of NEOG moved 2.36% north to $12.13 yesterday.  Neogen consistently de ...

LANSING, Mich., Dec. 17, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, has introduced a new addition to its Petrifilm® product line, the Neogen Petrifilm Bacillus cereus Count Plate.This innovative new solution offers food safety professionals a simple, reliable, and efficient method for testing for Bacillus cereus, a persistent threat with potentially deadly consequences. The Petrifilm Bacillus cereus Count Plate provides comprehensive testing for t ...

LANSING, Mich., Nov. 27, 2024 /PRNewswire/ -- Neogen Corporation (NASDAQ: NEOG) announced today that the Company will participate in the 36th Annual Piper Sandler Healthcare Conference in New York City on Wednesday, December 4, 2024. John Adent, Neogen's President and Chief Executive Officer, will present at 11:00 a.m. Eastern Time. To access the webcast and presentation materials, please visit the Events & Presentations section of the Neogen Investor Relations website at neogen.com/investor-relations/event ...

Neogen's (NEOG) vast international trade is being impacted by global macroeconomic issues. A tough competitive landscape also weighs on the stock. NEOG stock currently carries a Zacks Rank #4 (Sell). Factors Pulling NEOG Stock Down The current macroeconomic environment has affected Neogen's financial operations. Governments and insurance companies continue to look for ways to contain the rising cost of healthcare. This puts pressure on players in the healthcare industry, with Neogen being no exception. Alth ...

LANSING, Mich., Nov. 5, 2024 /PRNewswire/ -- Neogen® Corporation (NASDAQ: NEOG) announced today that the Company will participate in the 2024 UBS Global Healthcare Conference in Rancho Palos Verdes, California, on Tuesday, November 12. About Neogen Neogen Corporation is committed to fueling a brighter future for global food security through the advancement of human and animal well-being. Harnessing the power of science and technology, Neogen has developed comprehensive solutions spanning the Food Safety, Li ...

Neogen Corporation (NEOG) reported first-quarter fiscal 2025 adjusted earnings per share (EPS) of 7 cents, down 36.4% from the prior-year quarter's registered numbers. The bottom line missed the Zacks Consensus Estimate by 30%. Revenues fell 5.2% on a year-over-year basis to $217 million. Core revenues declined 1.4%. Acquisitions and discontinued product lines did not impact core growth, while foreign currency had a negative impact of 3.9%. However, the metric surpassed the Zacks Consensus Estimate by 0.4%. ...

Shares of Neogen Corp. (NASDAQ: NEOG ) are down nearly 30% this year amid a string of disappointing results. The trend continued as the food science and animal safety diagnostic specialist reported its latest quarterly earnings, which came in below expectations. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I ...

Neogen (NEOG) reported $216.96 million in revenue for the quarter ended August 2024, representing a yearover-year decline of 5.3%. EPS of $0.07 for the same period compares to $0.11 a year ago. The reported revenue represents a surprise of +0.39% over the Zacks Consensus Estimate of $216.11 million. With the consensus EPS estimate being $0.10, the EPS surprise was -30.00%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...