NASDAQ$NEOG

Neogen Corporation · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Neogen's revenues increased by 17% compared to the previous year's third quarter, with net income up by 10%.

Neogen Corporation reported a strong third quarter with a 17% increase in revenues, reaching $116.709 million, and a 10% increase in net income, amounting to $13.377 million. Earnings per share rose to $0.25, compared to $0.23 in the prior year. The company's performance was driven by growth in both its Food Safety and Animal Safety segments, along with contributions from international acquisitions.

  • Third quarter revenue increased by 17% year-over-year to $116.709 million.
  • Net income for the quarter rose by 10% to $13.377 million.
  • Earnings per share increased to $0.25, compared to $0.23 in the previous year.
  • Food Safety segment revenues increased by 16%, driven by international acquisitions and growth in diagnostic test kits.

Headline financials

Total Revenue

$117M

Previous: $99.9M+16.9%
EPS (adj)

$0.13

Previous: $0.12+8.3%
Free Cash Flow

$13.4M

Previous: $12.2M+9.6%
Net Income

$13.4M

Previous: $12.2M+9.6%
Operating Income

$15.8M

Previous: $13M+20.9%
Gross Profit

$53.8M

Previous: $45.3M+18.8%
Cash & Equivalents

$73.5M

Previous: $328M-77.6%
Total Assets

$880M

Previous: $774M+13.8%
Stock-Based Comp

$1.58M

Previous: $1.64M-3.6%

Revenue & EPS history

Neogen · Revenue · Quarterly

$117M

Q3 2021+16.9%vs Q3 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Neogen · $117M total across 2 segments · Q3 2021

  • Food Safety
    $58.4M+15.7%
  • Animal Safety
    $58.3M+18.1%

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 Q3 2021

Historical avgQ3 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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