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Market Impact: 0.35

QuidelOrtho (QDEL) Reports Q1 Loss, Tops Revenue Estimates

QDEL
Corporate EarningsAnalyst EstimatesCompany FundamentalsHealthcare & Biotech

QuidelOrtho reported a quarterly loss of $0.04 per share, well below the Zacks consensus estimate for earnings of $0.37. The result also deteriorated sharply from earnings of $0.74 per share in the prior-year quarter, signaling weaker profitability momentum. The miss is likely to pressure the stock, though the article contains no revenue or guidance details.

Analysis

QuidelOrtho reported a quarterly loss of $0.04 per share, well below the Zacks consensus estimate for earnings of $0.37. The result also deteriorated sharply from earnings of $0.74 per share in the prior-year quarter, signaling weaker profitability momentum. The miss is likely to pressure the stock, though the article contains no revenue or guidance details.

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Market Sentiment

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moderately negative

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-0.45

Ticker Sentiment

QDEL-0.72