How Will Analogic (ALOG) Stock Be Affected By Its Fourth Quarter Earnings Results?

NEW YORK (TheStreet) -- Analogic Corp.  (ALOG)  reported fourth quarter non-GAAP earnings of $17.2 million, or $1.36 per diluted share, compared to the $19.3 million, or $1.53 per diluted share in the prior year's fourth quarter, but beating analysts' estimates of $1.24 per share.

The security and healthcare technology company reported a 15% drop in revenue for the quarter to $142 million from the $166 million one year ago, and missed analysts' estimates of $150.37 million.

Shares of Analogic are slightly up  at $71.50 in after-hours trading today. 

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Separately, TheStreet Ratings team rates ANALOGIC CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate ANALOGIC CORP (ALOG) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its increase in net income, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."

ALOG Chart ALOG data by YCharts

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