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Emergent BioSolutions: Q4 Earnings Insights

Author: Benzinga Insights | March 06, 2024 05:50pm

Emergent BioSolutions (NYSE:EBS) reported its Q4 earnings results on Wednesday, March 6, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Emergent BioSolutions missed estimated earnings by -305.0%, reporting an EPS of $-0.77 versus an estimate of $-0.19.

Revenue was down $54.10 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.65 which was followed by a 3.0% drop in the share price the next day.

Here's a look at Emergent BioSolutions's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate -0.22 -0.47 -1.24 0.04
EPS Actual -0.87 -1.06 -3.17 -0.31
Revenue Estimate 237.43M 217.03M 143.28M 296.62M
Revenue Actual 270.50M 337.90M 165.10M 330.70M

To track all earnings releases for Emergent BioSolutions visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: EBS

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