NASDAQ$NEOG

Neogen Corporation · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Neogen reported record revenues for fiscal year 2021, driven by strong growth in both Food Safety and Animal Safety segments.

Neogen Corporation announced its Q4 and full fiscal year 2021 results, with Q4 revenues increasing by 17% to $127.4 million. Net income for the quarter was $15.8 million, or $0.15 per share. The company faced challenges from higher supply chain costs and increased operating expenses but saw growth in both domestic and international markets.

  • Fourth-quarter revenues increased 17% to $127.4 million, compared to $109.1 million in the prior year.
  • Fourth-quarter net income was $15.8 million, or $0.15 per share, compared to $16.3 million, or $0.15 per share, in the prior year.
  • Gross margins for the fourth quarter of 2021 were 45.3% of sales, compared to 47.4% in the prior year's fourth quarter, due to higher supply chain and personnel costs.
  • Revenues for the Food Safety segment were $64.1 million, an increase of 18%, and Animal Safety segment revenues were $63.3 million, an increase of 16%.

Headline financials

Total Revenue

$127M

Previous: $109M+16.8%
EPS (adj)

$0.15

Previous: $0.16-6.3%
Net Income

$15.8M

Previous: $16.3M-3.6%
Operating Income

$20.3M

Previous: $19.9M+1.6%
Gross Profit

$57.7M

Previous: $51.7M+11.5%
Cash & Equivalents

$75.6M

Previous: $66.3M+14.1%
Total Assets

$920M

Previous: $797M+15.4%
Stock-Based Comp

$1.66M

Previous: $1.67M-0.5%

Revenue & EPS history

Neogen · Revenue · Quarterly

$127M

Q4 2021+16.8%vs Q4 2020
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Neogen · $127M total across 2 segments · Q4 2021

  • Food Safety
    $64.1M+18.0%
  • Animal Safety
    $63.3M+15.6%

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 Q4 2021

Historical avgQ4 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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