Embecta Second Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]
Embecta Corp. (EMBC)
Company Research
Source: Yahoo! Finance
Net income: US$28.9m (up 106% from 2Q 2023). Profit margin: 10% (up from 5.1% in 2Q 2023). The increase in margin was primarily driven by higher revenue. EPS: US$0.50 (up from US$0.24 in 2Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Embecta Revenues and Earnings Beat Expectations Revenue exceeded analyst estimates by 8.5%. Earnings per share (EPS) also surpassed analyst estimates significantly. Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 8.1% growth forecast for the Medical Equipment industry in the US. Performance of the American Medical Equipment industry. The company's shares are up 38% from a week ago. Risk Analysis It is worth noting though that we have found 4 warning signs for Embecta (2 make us uncomfortable!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editoria
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News
- Embecta gets FDA clearance for type 2 diabetes patch pump [Seeking Alpha]Seeking Alpha
- embecta Announces FDA Clearance of its Disposable Patch Pump for Insulin Delivery Informed by the Unique Needs of People with Type 2 Diabetes [Yahoo! Finance]Yahoo! Finance
- embecta Announces FDA Clearance of its Disposable Patch Pump for Insulin Delivery Informed by the Unique Needs of People with Type 2 DiabetesGlobeNewswire
- embecta to Participate in Investor EventsGlobeNewswire
- Southeast Asia Diabetes Devices Market Analysis Report 2024-2030: emERGE Program to Enhance Diabetes Education Across 11 Countries [Yahoo! Finance]Yahoo! Finance
EMBC
Earnings
- 8/9/24 - Beat
EMBC
Sec Filings
- 8/13/24 - Form 4
- 8/12/24 - Form 8-K
- 8/9/24 - Form 10-Q
- EMBC's page on the SEC website