Catalent Inc expected to post a loss of 2 cents a share - Earnings Preview

Catalent

07/02/2024 13:56

* Catalent Inc  CTLT.N   CTLT.K  is expected to show a fall
in
quarterly revenue when it reports  results on February 9 for the
period ending December 31 2023
    * The Somerset New Jersey-based  company is expected to
report a
11.8% decrease in revenue to $1.013 billion from $1.15 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Catalent Inc is for a
loss
of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 12
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Catalent
Inc is
$63.50​, above​ its last closing price of $58.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  -0.13       -0.14      -0.10     Beat    26.5
 Jun. 30 2023  0.11        0.10       0.09      Missed  -13
 Mar. 31 2023  -0.12       -0.03      -0.09     Missed  -225​
 Dec. 31 2022  0.71        0.69       0.67      Missed  -2.6
 ​​Sep.        0.58        0.56       0.34      Missed  -39.1
 30 2022                                                
 Jun. 30 2022  1.16        1.15       1.19      Beat    3.3​
 Mar. 31 2022  0.94        0.94       1.04      Beat    11.2
 Dec. 31 2021  0.84        0.83       0.90      Beat    7.9
 This summary was machine generated February 7 at 13:56 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)