Hologic Inc <HOLX.OQ> expected to post earnings of 98 cents a share - Earnings Preview
Hologic Inc HOLX.OQ HOLX.O is expected to show a fall in quarterly revenue when it reports results on May 2 for the period ending March 31 2024
The Marlborough Massachusetts-based company is expected to report a 2.4% decrease in revenue to $1.002 billion from $1.03 billion a year ago, according to the mean estimate from 13 analysts, based on LSEG data.The company's guidance on February 1 2024, for the period ended March 31, was for revenue between $990.00 million and $1.01 billion.
LSEG's mean analyst estimate for Hologic Inc is for earnings of 98 cents per share. The company's EPS guidance on February 1 2024, for the period ended March 31, was between $0.95 and $1.00
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Hologic Inc is $85.00, above its last closing price of $75.77.
This summary was machine generated April 30 at 23:22 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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