Quidel (NASDAQ:QDEL) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:10 PM.
Here's what investors need to know about the announcement.
Earnings
Quidel beat estimated earnings by 17.9%, reporting an EPS of $11.66 versus an estimate of $9.89.
Revenue was up $626.66 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $1.68 which was followed by a 10.63% increase in the share price the next day.
Here's a look at Quidel's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 5.61 | 3.52 | 1.46 | 4.71 |
| EPS Actual | 7.29 | 5.36 | 0.75 | 4.38 |
| Revenue Estimate | 567.17M | 376.81M | 194.50M | 400.76M |
| Revenue Actual | 636.87M | 509.74M | 176.61M | 375.34M |
To track all earnings releases for Quidel visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
