Neogen Corp. (NASDAQ:NEOG) delivered a profit and met Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 22.73% to $0.27 in the quarter versus EPS of $0.22 in the year-earlier quarter. Revenue Rose 13.78% to $51.1 million from the year-earlier quarter.
Neogen Corp. reported adjusted EPS income of $0.27 per share. By that measure, the company missed the mean analyst estimate of $0.27. It beat the average revenue estimate of $50.84 million.