earnings
confidence high
sentiment negative
materiality 0.75
Embecta Q2 revenue drops 14.4%; FY2026 guidance cut sharply; dividend slashed to $0.01
Embecta Corp.
2026-Q2 EPS reported
$0.67
revenue$483,000,000
- Revenue $221.8M, -14.4% YoY; US -29.4%, Intl +2.1%; pen needles -17.8%.
- Adjusted EPS $0.27 vs $0.70 YoY; GAAP diluted EPS -$0.07.
- FY2026 revenue guidance lowered to $1,015-1,035M; adj. EPS to $1.55-1.75.
- Board authorized $100M repurchase plan; quarterly dividend cut from $0.15 to $0.01, payable June 15.
- Owen Mumford acquisition on track for May 2026; adds ~$30M revenue, dilutive ~$0.15 to FY adj. EPS.