Haemonetics (HAE) Stock: Why The Price Jumped

By Amit Chowdhry ● Feb 9, 2022
  • The stock price of Haemonetics Corporation (NYSE: HAE) increased by 16.16% in the most recent trading session. This is why it happened.

The stock price of Haemonetics Corporation (NYSE: HAE) increased by 16.16% in the most recent trading session. Investors responded positively to the company’s third-quarter results.

Haemonetics reported Q3 EPS of $0.84, which is $0.11 better than analyst estimates of $0.73. And the revenue for the quarter was $260 million compared to the consensus estimate of $266.94 million.

In terms of guidance, Haemonetics expects FY2022 EPS of $2.45-$2.55, compared to the consensus of $2.53.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.