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Embecta Corp. (NASDAQ:EMBC) Q1 2024 Earnings Call Transcript February 9, 2024 Embecta Corp. misses on earnings expectations. Reported EPS is $0.3497 EPS, expectations were $0.45. EMBC isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome ladies and gentlemen to the […]
Despite Revenue Uptick, Embecta Faces Challenges in Operating and Net Income Margins
OPENING CALL Stock futures pointed higher on Friday after the S&P 500 topped 5,000 for the first time during intraday trading in the previous session. The day is light on data, but economists... -February 09, 2024 at 06:25 am EST - MarketScreener
Shares of diabetes care company Embecta Corp. (EMBC) are falling more than 12 percent Friday morning after the company provided full-year profit outlook below the Street view.
Embecta (NASDAQ:EMBC – Get Free Report) released its quarterly earnings results on Friday. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.15, MarketWatch Earnings reports. Embecta had a negative return on equity of 20.56% and a net margin of 6.28%. The firm had revenue of […]