Cantel Medical Corp. (NYSE:CMD) Expected to Post Earnings of $0.61 Per Share
Equities research analysts forecast that Cantel Medical Corp. (NYSE:CMD) will announce earnings of $0.61 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Cantel Medical’s earnings. Cantel Medical posted earnings per share of $0.62 during the same quarter last year, which would indicate a negative year-over-year growth rate of 1.6%. The company is scheduled to issue its next earnings report on Thursday, September 26th.
On average, analysts expect that Cantel Medical will report full-year earnings of $2.35 per share for the current financial year. For the next financial year, analysts forecast that the company will post earnings of $2.62 per share, with EPS estimates ranging from $2.59 to $2.65. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover Cantel Medical.
Cantel Medical (NYSE:CMD) last announced its earnings results on Tuesday, June 4th. The company reported $0.55 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.55. Cantel Medical had a return on equity of 15.52% and a net margin of 6.95%. The firm had revenue of $228.55 million for the quarter, compared to the consensus estimate of $225.95 million.
The company also recently declared a Semi-Annual dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be issued a $0.10 dividend. The ex-dividend date is Tuesday, July 16th. Cantel Medical’s payout ratio is currently 7.97%.
About Cantel Medical
Cantel Medical Corp. provides infection prevention and control products and services for the healthcare market. The company's Endoscopy segment offers automated endoscope reprocessing systems; infectants and sterilants; detergents; leak testing and manual cleaning products; storage cabinets, transport systems, and mobile medical carts; manual cleaning products; endoscope process tracking products; other consumables, accessories, and supplies for use in disinfect rigid endoscopes, flexible endoscopes, and other instrumentation; and technical maintenance services.
Featured Story: How mutual funds make money
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Cantel Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cantel Medical and related companies with MarketBeat.com's FREE daily email newsletter.