NASDAQ$NEOG

Neogen Corporation · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Neogen's revenue and net income increased due to the diversity of its portfolio of products and services.

Neogen Corporation reported an 8% increase in revenues and an increase in net income for the first quarter of fiscal year 2021. The company's food safety segment faced disruption, but strong growth in genomics and biosecurity products helped offset the impact.

  • Revenues for the first quarter of fiscal year 2021 were $109,325,000, an 8% increase compared to the previous year's first quarter revenues of $101,424,000.
  • Net income for the first quarter was $15,860,000, or $0.30 per share, compared to $14,652,000, or $0.28 per share, in the previous year's first quarter.
  • The Food Safety segment's revenues were $54,185,000, compared to $51,021,000 in the prior year's first quarter, driven by higher sales of disinfectants, hand sanitizers, and insecticides.
  • The Animal Safety segment reported revenues of $55,140,000, compared to $50,403,000 in the prior year first quarter, driven by rodenticides and genomics services.

Headline financials

Total Revenue

$109M

Previous: $101M+7.8%
EPS (adj)

$0.15

Previous: $0.14+7.1%
Free Cash Flow

$15.9M

Previous: $14.7M+8.2%
Net Income

$15.9M

Previous: $14.7M+8.2%
Operating Income

$18.9M

Previous: $16.3M+16.2%
Gross Profit

$50.3M

Previous: $48.2M+4.4%
Cash & Equivalents

$60.9M

Previous: $56.3M+8.3%
Total Assets

$822M

Previous: $721M+13.9%
Stock-Based Comp

$1.68M

Previous: $1.54M+8.9%

Revenue & EPS history

Neogen · Revenue · Quarterly

$109M

Q1 2021+7.8%vs Q1 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Neogen · $109M total across 2 segments · Q1 2021

  • Animal Safety
    $55.1M+9.4%
  • Food Safety
    $54.2M+6.2%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-1.4%

Avg return

Earnings day

-2.4%

Avg return

5 days after

-1.8%

Avg return

30 days after

36%

23 / 64 earnings

Positive

+31.5%

Q2 2026

Best reaction

-28.7%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+3.9%-7.1%-12.5%
Q2 2026+31.5%+24.5%+46.3%
Q1 2026+16.4%+1.5%+10.0%
Q3 2025-28.7%-23.3%-15.2%
Q2 2025-3.3%-13.1%-20.7%
Q1 2025-2.8%-0.8%+9.3%
Q4 2024-1.6%-5.3%-1.0%
Q3 2024-13.1%-13.9%-13.6%
Q2 2024-5.5%-8.4%-18.0%
Q1 2024-11.7%-8.8%-11.0%
Q4 2023+2.3%+0.0%+0.8%
Q3 2023+0.2%-3.6%-6.9%
Q2 2023+5.1%+11.2%+30.3%
Q1 2023-1.0%-4.1%-12.2%
Q4 2022+8.0%+7.5%-2.8%
Q3 2022-7.4%-5.3%-15.3%
Q2 2022+1.4%+0.2%-19.2%
Q1 2022+3.0%+6.1%+2.9%
Q4 2021+0.2%-1.9%-3.6%
Q3 2021+3.0%+5.6%+14.9%
Q2 2021+1.2%+0.5%+3.8%
Q1 2021+0.2%+1.1%-4.3%
Q4 2020-4.0%-4.0%-2.9%
Q3 2020-5.3%-1.2%+8.1%
Q2 2020-5.4%-5.7%+1.2%
Q1 2020-10.6%-13.0%-13.1%
Q4 2019+9.0%+10.6%+13.2%
Q3 2019-8.3%-5.2%-4.4%
Q2 2019-8.1%-10.7%+2.4%
Q1 2019-17.8%-19.3%-30.4%
Q4 2018+1.5%+1.7%+3.9%
Q3 2018-4.2%+1.0%+7.6%
Q2 2018-0.8%-0.7%-1.8%
Q1 2018-4.4%-1.5%+6.4%
Q4 2017-2.2%-1.8%-4.5%
Q3 2017-5.9%-6.7%-9.8%
Q2 2017+3.8%+5.6%+0.5%
Q1 2017-4.7%-2.8%-10.1%
Q4 2016-1.6%-1.8%-0.4%
Q3 2016-14.6%
Q2 2016-2.0%
Q1 2016-12.1%
Q4 2015+25.2%
Q3 2015-3.4%
Q2 2015+1.2%
Q1 2015-1.7%
Q4 2014+11.3%
Q3 2014-0.1%
Q2 2014-5.6%
Q1 2014-0.3%
Q4 2013-4.9%
Q3 2013+0.5%
Q2 2013-0.7%
Q1 2013+7.5%
Q4 2010-2.9%
Q4 2012-2.9%
Q3 2012-0.3%
Q3 2011-0.3%
Q2 2011+2.5%
Q2 2012+2.5%
Q4 2011-7.3%
Q1 2011-7.3%
Q1 2012-7.3%
Q3 2010-0.5%

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