Avantor Inc reports results for the quarter ended in September - Earnings Summary

Avantor

27/10/2023 14:32

* Avantor Inc  AVTR.N  reported quarterly adjusted earnings
of 25
cents​​ per share for the quarter ended in September. The mean
expectation of twenty analysts for the quarter was for earnings
of 25 cents per share.
    * Revenue fell 7.3% to $1.72 billion from a year ago;
analysts
expected $1.70 billion. 
    * Avantor Inc's reported EPS for the quarter was 16 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.2%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Avantor Inc shares had fallen by 7.4% this quarter and
lost 7.4%
so far this year.
    * The company reported quarterly net income of $108.4
million.
    * Wall Street's median 12-month price target for Avantor Inc
is
$24.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.25           0.25           Met
 Jun. 30 2023      0.29           0.28           Missed
 Mar. 31 2023      0.28           0.29           Beat
 Dec. 31 2022      0.30           0.32           Beat