Neogen Corp. (NEOG – Snapshot Report) posted adjusted earnings of 21 cents per share in the second quarter of fiscal 2015 (ended Nov 30, 2014) which missed the Zacks Consensus Estimate by a penny. However, on a year-over-year basis, earnings surged about 24% on the back of double-digit revenue growth and improvement in operating efficiencies.  

Neogen Corporation – Earnings Surprise | FindTheBest

Following the announcement of the first quarter results, Neogen witnessed one upward estimate revision over the last seven days for fiscal 2015, with no downward revision over the same time frame. The Zacks Consensus Estimate for fiscal 2015, however, remained flat at 93 cents per share in the same period. Since the earnings announcement, shares of Neogen rose about 1.2% to close at $48.28 in the last trading session.