Neptune Wellness Options (NEPT) Reviews Q2 Loss, Lags Income Estimates (Revised)

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Neptune Wellness Options (NEPT) Reviews Q2 Loss, Lags Income Estimates (Revised)

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This quarterly report represents an earnings shock of -325%. 1 / 4 in the past, it was anticipated that this krill oil maker would publish a lack of $0.03 per share when it truly produced a lack of $0.06, delivering a shock of -100%.

During the last 4 quarters, the corporate has not been in a position to surpass consensus EPS estimates.

Neptune Wellness Options, which belongs to the Zacks Medical – Merchandise trade, posted revenues of $4.93 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 23.16%. This compares to year-ago revenues of $5.41 million. The corporate has not been in a position to beat consensus income estimates during the last 4 quarters.

The sustainability of the inventory’s fast worth motion based mostly on the recently-released numbers and future earnings expectations will principally rely on administration’s commentary on the earnings call.

Neptune Wellness Options shares have added about 16.14%…



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