Embecta (EMBC) to Release Quarterly Earnings on Thursday

Embecta (NASDAQ:EMBCGet Free Report) will likely be posting its quarterly earnings results before the market opens on Thursday, February 6th. Analysts expect Embecta to post earnings of $0.45 per share and revenue of $256.08 million for the quarter. Embecta has set its FY 2025 guidance at 2.700-2.900 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

Embecta (NASDAQ:EMBCGet Free Report) last announced its quarterly earnings results on Tuesday, November 26th. The company reported $0.45 EPS for the quarter, beating the consensus estimate of $0.40 by $0.05. Embecta had a negative return on equity of 18.54% and a net margin of 6.97%. The company had revenue of $286.10 million for the quarter, compared to the consensus estimate of $276.97 million. During the same quarter last year, the company posted $0.59 earnings per share. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. On average, analysts expect Embecta to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Embecta Stock Down 3.1 %

Shares of EMBC stock opened at $18.40 on Thursday. Embecta has a 12 month low of $9.93 and a 12 month high of $21.48. The business’s 50 day moving average is $19.52 and its two-hundred day moving average is $16.35. The company has a market cap of $1.07 billion, a PE ratio of 13.63, a price-to-earnings-growth ratio of 1.02 and a beta of 1.23.

Embecta Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 18th. Shareholders of record on Friday, December 6th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $0.60 annualized dividend and a yield of 3.26%. Embecta’s dividend payout ratio (DPR) is presently 44.44%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Morgan Stanley upgraded Embecta from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $13.00 to $20.00 in a report on Monday, December 2nd. BTIG Research upgraded shares of Embecta from a “neutral” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Wednesday, November 27th.

View Our Latest Research Report on EMBC

About Embecta

(Get Free Report)

Embecta Corp., a medical device company, focuses on the provision of various solutions to enhance the health and wellbeing of people living with diabetes. Its products include pen needles, syringes, and safety injection devices, as well as digital applications to assist people with managing patient's diabetes.

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Earnings History for Embecta (NASDAQ:EMBC)

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