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Here's What Key Metrics Tell Us About Neogen (NEOG) Q3 Earnings

For the quarter ended February 2024, Neogen (NASDAQ: NEOG) reported revenue of $228.81 million, up 4.8% over the same period last year. EPS came in at $0.12, compared to $0.12 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $229.94 million, representing a surprise of -0.49%. The company delivered an EPS surprise of -14.29%, with the consensus EPS estimate being $0.14. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price ...