Pivotal-Point Tracking Neogen (NEOG): Margin Expansion to 47.5% and Forecast Upgrade - Automation in Food Inspection Shortens Testing Cycles and Reduces Costs!

Neogen is a specialist in food and animal health that benefits from the increasing global demand for product safety. On January 8, strong quarterly numbers triggered a price jump of over 31%. The adjusted earnings per share were $0.10, significantly above the analyst forecast of only $0.03. The figures confirmed the successful integration of the former 3M food safety division. With a wide portfolio of test kits, Neogen serves a market that is continuously growing due to stricter regulatory requirements and heightened consumer awareness regarding...