NASDAQ$NEOG
Neogen Corporation · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Neogen's Q2 2022 results showed revenue growth, driven by double-digit organic sales increases in both Food Safety and Animal Safety segments, but net income was negatively impacted by expenses related to the planned merger with 3M's Food Safety Division.
Neogen Corporation announced a 13% increase in revenues to $130.517 million for the second quarter of fiscal year 2022. Both the Food Safety and Animal Safety segments experienced double-digit organic sales growth. Net income was $10.828 million, or $0.10 per share, compared to $15.885 million, or $0.15 per share, in the prior year's second quarter, impacted by $9.3 million in professional fees related to the planned combination with 3M's Food Safety business.
- Revenues increased by 13% compared to the previous year's second quarter.
- Food Safety and Animal Safety segments both recorded double-digit increases in organic sales for the fourth consecutive quarter.
- Net income was impacted by $9.3 million in professional fees related to the planned combination with 3M's Food Safety business.
- International revenues rose by 20% with 14% organic growth.
Headline financials
Revenue & EPS history
Neogen · Revenue · Quarterly
$131M
Revenue by segment
Neogen · $131M total across 2 segments · Q2 2022
- Food Safety$67.1M+16.7%51.4%
- Animal Safety$63.4M+10.3%48.6%
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 Q2 2022
-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
| Quarter | Report date | Reaction (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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