Animal Tester Neogen Sticks To Annual Forecast Despite Tariffs

Neogen Corp. (NASDAQ:NEOG) stock rallied after the company reported better-than-expected first-quarter sales results.First-quarter 2026 adjusted earnings came in at 4 cents per share, in line with the estimates.Sales hovered $209.19 million; that’s down 3.6% year over year, exceeded the consensus of $204.16 million.Gross margin: 45.4% in Q1 of fiscal 2026 compared to 48.4% a year ago, due to relocated production of sample collection products, as well as lower revenue and tariffs.Excluding the integration co ...