NEOG Stock Recent News

Neogen (NEOG) announces a genomics relationship with Performance Food Group to trace food products back to their origin using PathProven food trace technology.

Neogen's acquisition of 3M's food safety operations has done far more harm than good in the short term, as integration issues have undermined financial performance and credibility with investors. The company's disappointing FQ3'24 results and ongoing operating inefficiencies have led to another cut in guidance for revenue and EBITDA, and the shares are near a 52-week low. These integration challenges won't go on forever, and Neogen will emerge as a larger, stronger player in the global food safety market.

Neogen's (NEOG) third-quarter fiscal 2024 results reflect solid core revenue growth in both segments.

While the top- and bottom-line numbers for Neogen (NEOG) give a sense of how the business performed in the quarter ended February 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Neogen (NEOG) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.12 per share a year ago.

Food-safety firm Neogen also reported disappointing fiscal-third-quarter earnings.

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Neogen (NEOG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended February 2024.

Solid progress in long-term growth strategies bodes well for Neogen (NEOG).

Neogen (NEOG) reported earnings 30 days ago. What's next for the stock?

Investors are optimistic about Neogen (NEOG) on strong growth in Animal and Food Safety businesses.