Neogen Earnings: Your Sneak Peek to the Big Announcement

Neogen (NASDAQ:NEOG) will report earnings before markets open on Tuesday, July 23rd. Neogen Corporation develops and markets products and services dedicated to food and animal safety. The Company’s diagnostic products are used by food and animal producers to test for foodborne bacteria, food allergen, natural toxins, drug and chemical residues, plant diseases, and quality assurance.

Here is your Cheat Sheet to Neogen Earnings:

Earnings Expectations: Analysts expect earnings of $0.30 per share on revenues of $54.94 million. Currently, the company’s P/E ratio stands at 53.49.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.33 to a profit $0.32. For the current year, the average estimate is a profit of $1.13, which is the same as the estimate ninety days ago.

Earnings Trends:

Here’s how Neogen has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 119 141 173 184
Diluted EPS ($) 0.61 0.76 0.96 0.94

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter May. 31, 2012 Aug. 31, 2012 Nov. 30, 2012 Feb. 28, 2013
Revenue ($) in millions 48.54 49.73 50.74 51.06
Diluted EPS ($) 0.25 0.28 0.28 0.27

Past Performance:
Neogen has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)