Bio-Techne: Q1 Earnings Insights

Bio-Techne: Q1 Earnings Insights

Bio-Techne TECH reported its Q1 earnings results on Tuesday, November 1, 2022 at 06:30 AM.

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

Earnings

Bio-Techne missed estimated earnings by 2.73%, reporting an EPS of $1.78 versus an estimate of $1.83.

Revenue was up $11.94 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 2.03% drop in the share price the next day.

Here's a look at Bio-Techne's past performance:

 

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 2.08 2 1.79 1.72
EPS Actual 2.05 2.14 1.88 1.83
Revenue Estimate 287.12M 279.92M 266.57M 252.42M
Revenue Actual 288.23M 290.38M 269.28M 257.72M

To track all earnings releases for Bio-Techne visit their earnings calendar here.

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

Posted In: BZI-RecapsEarnings