Neogen: Fiscal 4Q Earnings Snapshot

LANSING, Mich. (AP) _ Neogen Corp. (NEOG) on Tuesday reported fiscal fourth-quarter net income of $15.8 million.

On a per-share basis, the Lansing, Michigan-based company said it had net income of 30 cents.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The maker of medical testing kits posted revenue of $109.8 million in the period, which fell short of Street forecasts. Three analysts surveyed by Zacks expected $111 million.

For the year, the company reported profit of $60.2 million, or $1.15 per share. Revenue was reported as $414.2 million.

Neogen shares have climbed 11% since the beginning of the year. The stock has dropped 23% in the last 12 months.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on NEOG at