Embecta Corp. (EMBC) Tops Q1 Earnings and Revenue Estimates

分组1 - Embecta Corp. reported quarterly earnings of $0.65 per share, exceeding the Zacks Consensus Estimate of$0.45 per share, and showing an increase from $0.61 per share a year ago, resulting in an earnings surprise of 44.44$261.9 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.02%, although this represents a decline from year-ago revenues of $277.3 million [2] - Over the last four quarters, Embecta Corp. has consistently surpassed consensus EPS and revenue estimates [2] 分组2 - The stock has underperformed, losing about 11.9% since the beginning of the year, while the S&P 500 has gained 3.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.72 on revenues of$272.06 million, and for the current fiscal year, it is $2.84 on revenues of$1.11 billion [7] - The Medical Services industry, to which Embecta Corp. belongs, is currently ranked in the bottom 34% of over 250 Zacks industries, indicating potential challenges ahead [8]