Seeking Clues to Neogen (NEOG) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

Core Viewpoint - Neogen (NEOG) is expected to report quarterly earnings of $0.13 per share, an increase of 8.3% year-over-year, while revenues are forecasted to decline by 2.5% to$ 223.03 million [1] Revenue Estimates - Analysts project 'Revenues- Animal Safety' to be $68.77 million, reflecting a decrease of 3.2% from the previous year [4] - The consensus for 'Revenues- Food Safety' is$ 154.26 million, indicating a year-over-year decline of 2.2% [4] - 'Revenues- Food Safety- Indicator Testing, Culture Media & Other' is estimated at $78.53 million, down 3.3% from the prior year [5] - 'Revenues- Animal Safety- Veterinary Instruments & Disposables' is expected to reach$ 17.93 million, a slight decrease of 0.3% year-over-year [5] - 'Revenues- Animal Safety- Animal Care & Other' is projected at $10.15 million, showing a year-over-year increase of 0.8% [6] - 'Revenues- Food Safety- Natural Toxins & Allergens' is estimated at$ 19.62 million, down 0.6% from the previous year [6] - 'Revenues- Food Safety- Rodent Control, Insect Control & Disinfectants' is forecasted to be $10.72 million, reflecting a year-over-year increase of 5.7% [7] - 'Revenues- Food Safety- Bacterial & General Sanitation' is expected to reach$ 39.60 million, indicating a decline of 2% year-over-year [7] - The consensus for 'Revenues- Animal Safety- Rodent Control, Insect Control & Disinfectants' stands at $21.16 million, down 8.2% from the previous year [8] Stock Performance - Over the past month, Neogen's shares have decreased by 18.5%, compared to a decline of 7.7% in the Zacks S&P 500 composite [8] - Neogen currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [8]