earnings
confidence high
sentiment positive
materiality 0.85
Embecta Q4 beats; discontinues patch pump; restructuring saves $60-65M annually; FY2025 EPS guidance $2.70-2.90
Embecta Corp.
2024-FY EPS reported
$1.34
revenue$1,123,100,000
- Q4 reported rev $286.1M (+1.5%), GAAP EPS $0.25, adjusted EPS $0.45.
- FY2024 rev $1,123.1M (+0.2%), adjusted EPS $2.45, GAAP EPS $1.34.
- Discontinues insulin patch pump; expects $35-45M pre-tax charges in FY2025; annualized savings $60-65M.
- FY2025 guidance: rev $1,093-1,110M, adjusted EPS $2.70-2.90, adj. EBITDA margin 35.5-36.5%.
- Board declares $0.15/share dividend payable Dec 18, 2024 to holders of record Dec 6, 2024.