Mesa Laboratories (MLAB) Projected to Post Earnings on Tuesday

Mesa Laboratories (NASDAQ:MLAB) is expected to post its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Mesa Laboratories to post earnings of $1.41 per share and revenue of $58.83 million for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Mesa Laboratories (NASDAQ:MLAB) last issued its quarterly earnings results on Thursday, November 7th. The medical instruments supplier reported $1.81 earnings per share for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.14). The company had revenue of $57.83 million during the quarter, compared to analysts’ expectations of $58.60 million. Mesa Laboratories had a positive return on equity of 28.52% and a negative net margin of 107.56%. On average, analysts expect Mesa Laboratories to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Mesa Laboratories Price Performance

NASDAQ MLAB opened at $137.69 on Friday. Mesa Laboratories has a 1 year low of $83.68 and a 1 year high of $149.50. The stock’s 50-day moving average price is $132.44 and its two-hundred day moving average price is $125.09. The company has a market cap of $747.66 million, a PE ratio of -3.02 and a beta of 0.82. The company has a current ratio of 0.70, a quick ratio of 0.51 and a debt-to-equity ratio of 0.65.

Mesa Laboratories Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.16 per share. The ex-dividend date is Friday, February 28th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.46%. Mesa Laboratories’s dividend payout ratio is currently -1.40%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered shares of Mesa Laboratories from a “buy” rating to a “hold” rating in a research note on Wednesday, November 13th.

Mesa Laboratories Company Profile

Mesa Laboratories, Inc develops, designs, manufactures, sells, and services life sciences tools and quality control products and services in North America, Europe, the Asia Pacific, and internationally. The Sterilization and Disinfection Control segment offers biological, chemical, and cleaning indicators, used to assess the effectiveness of sterilization decontamination, disinfection, and cleaning processes in the pharmaceutical, medical device, and healthcare industries.