Published on 26 Feb 2024 on Zacks via Yahoo Finance
Elanco Animal Health Incorporated (ELAN) reported $1.04 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 4.8%. EPS of $0.08 for the same period compares to $0.19 a year ago.
The reported revenue represents a surprise of +3.53% over the Zacks Consensus Estimate of $999.74 million. With the consensus EPS estimate being $0.10, the EPS surprise was -20.00%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.