Catalent Inc expected to post earnings of 47 cents a share - Earnings Preview

Catalent

23/08/2024 13:54

* Catalent Inc  CTLT.N   CTLT.K  is expected to show a rise
in
quarterly revenue when it reports  results on August 27
(estimated) for the period ending June 30 2024
    * The Somerset New Jersey-based  company is expected to
report a
14.6% increase in revenue to $1.224 billion from $1.07 billion a
year ago, according to the mean estimate from 8 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Catalent Inc is for
earnings
of 47 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"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 $59.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.20        0.21       -0.06     Missed  -128.7
 Dec. 31 2024  -0.02       -0.02      -0.24     Missed  -1,055
                                                        .5
 Sep. 30 2023  -0.13       -0.14      -0.10     Beat    26.5​
 Jun. 30 2023  0.11        0.10       0.09      Missed  -13
 ​​Mar.        -0.12       -0.03      -0.09     Missed  -225
 31 2023                                                
 Jan. 1 0001   0.71        0.69       0.67      Missed  -2.6​
 Sep. 30 2022  0.58        0.56       0.34      Missed  -39.1
 Jun. 30 2022  1.16        1.15       1.19      Beat    3.3
 This summary was machine generated August 23 at 12:54 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)