Haemonetics (HAE) to Release Earnings on Tuesday
Haemonetics (NYSE:HAE) will be releasing its earnings data before the market opens on Tuesday, February 6th. Analysts expect Haemonetics to post earnings of $0.44 per share for the quarter. Haemonetics has set its FY18 guidance at $1.65-1.75 EPS.
Haemonetics (NYSE:HAE) last announced its earnings results on Tuesday, November 7th. The medical instruments supplier reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.07. The firm had revenue of $225.40 million during the quarter, compared to analysts’ expectations of $219.12 million. Haemonetics had a return on equity of 11.16% and a net margin of 0.50%. The business’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 EPS. On average, analysts expect Haemonetics to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Haemonetics (NYSE:HAE) opened at $63.45 on Monday. Haemonetics has a 1 year low of $36.44 and a 1 year high of $67.27. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.17 and a quick ratio of 1.51. The stock has a market capitalization of $3,351.30, a PE ratio of 793.22, a P/E/G ratio of 4.79 and a beta of 1.06.
In other Haemonetics news, Director Susan Bartlett Foote sold 16,926 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $54.19, for a total transaction of $917,219.94. Following the completion of the sale, the director now directly owns 27,313 shares of the company’s stock, valued at approximately $1,480,091.47. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Ronald G. Gelbman sold 5,440 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $56.69, for a total value of $308,393.60. The disclosure for this sale can be found here. Insiders have sold a total of 54,486 shares of company stock valued at $3,050,827 over the last ninety days. 1.20% of the stock is owned by insiders.
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Haemonetics Corporation (Haemonetics) is a healthcare company. The Company provides various products to customers involved in the processing, handling and analysis of blood. The Company’s segments include Japan, EMEA, North America Plasma and All Other. Haemonetics provides plasma collection systems and software, which enable plasma fractionators to make pharmaceuticals.
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