Mesa Laboratories (MLAB) Projected to Post Quarterly Earnings on Tuesday

Mesa Laboratories (NASDAQ:MLAB) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect Mesa Laboratories to post earnings of $1.41 per share and revenue of $58.83 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Mesa Laboratories (NASDAQ:MLAB) last posted its earnings results on Thursday, November 7th. The medical instruments supplier reported $1.81 EPS for the quarter, missing analysts’ consensus estimates of $1.95 by ($0.14). The firm had revenue of $57.83 million for the quarter, compared to analyst estimates of $58.60 million. Mesa Laboratories had a positive return on equity of 28.52% and a negative net margin of 107.56%. On average, analysts expect Mesa Laboratories to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Mesa Laboratories Price Performance

MLAB opened at $137.69 on Friday. Mesa Laboratories has a twelve month low of $83.68 and a twelve month high of $149.50. The firm has a market cap of $747.66 million, a price-to-earnings ratio of -3.02 and a beta of 0.82. The company has a current ratio of 0.70, a quick ratio of 0.51 and a debt-to-equity ratio of 0.65. The company has a fifty day simple moving average of $132.44 and a 200 day simple moving average of $125.09.

Mesa Laboratories Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.16 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.64 dividend on an annualized basis and a yield of 0.46%. Mesa Laboratories’s dividend payout ratio (DPR) is presently -1.40%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Mesa Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, November 13th.

About Mesa Laboratories

Mesa Laboratories, Inc develops, designs, manufactures, sells, and services life sciences tools and quality control products and services in North America, Europe, the Asia Pacific, and internationally. The Sterilization and Disinfection Control segment offers biological, chemical, and cleaning indicators, used to assess the effectiveness of sterilization decontamination, disinfection, and cleaning processes in the pharmaceutical, medical device, and healthcare industries.