Avantor raises FY revenue growth, profit guidance after Q3 beat

Avantor

28/10/2026 10:16

Overview
US life science tools firm's Q3 sales rose 4.6%, beating analyst expectations
Adjusted EPS for Q3 beat analyst expectations
Company raised FY 2026 guidance for organic revenue growth, adjusted EPS and free cash flow

Outlook
Avantor raises FY 2026 organic revenue growth outlook to +0.75% to +1.25% from -0.5% to +0.5%
Company lifts FY 2026 adjusted EPS guidance to $0.81-$0.83 from $0.80-$0.83
Avantor increases FY 2026 free cash flow forecast to $525 mln-$550 mln from $500 mln-$550 mln

Result Drivers
SEGMENT PERFORMANCE - VWR Distribution & Services delivered improved revenue performance with organic growth accelerating to 5.8%, while Bioscience & Medtech Products returned to organic growth as expected
EXECUTION IMPROVEMENTS - Co attributed results to sharpened strategic focus and improved execution

Company press release: ID:nPn5mJV9a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$1.70 bln
$1.64 bln (15 Analysts)
Q3 Adjusted EPS
Beat
$0.22
$0.21 (16 Analysts)
Q3 Net Income
 
$203.40 mln
 
Q3 Gross Profit
 
$534.80 mln
 
Q3 Operating Income
 
$139.50 mln
 
Q3 Pretax Profit
 
$98 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 15 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy."
Wall Street's median 12-month price target for Avantor, Inc. is $15.00, about 12.4% below its October 27 closing price of $17.13
The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 12 three months ago

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Oct 27 - Nautilus Biotechnology Q3 revenue beats

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)