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Market Impact: 0.3

Techne (TECH) Misses Q3 Earnings and Revenue Estimates

TECH
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Techne reported quarterly EPS of $0.53, missing the Zacks Consensus Estimate of $0.55 by $0.02 per share. Earnings also declined from $0.56 per share a year ago, indicating a modest year-over-year deterioration. The print is mildly negative and could pressure the stock modestly, but the miss is not severe.

Analysis

Techne reported quarterly EPS of $0.53, missing the Zacks Consensus Estimate of $0.55 by $0.02 per share. Earnings also declined from $0.56 per share a year ago, indicating a modest year-over-year deterioration. The print is mildly negative and could pressure the stock modestly, but the miss is not severe.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.20

Ticker Sentiment

TECH-0.35