Looking Into Catalent's Return On Capital Employed
Portfolio Pulse from Benzinga Insights
Catalent (NYSE:CTLT) reported Q3 sales of $1.04 billion and a loss of $227 million, a 380.25% decrease from last quarter. The company posted a negative Return On Capital Employed (ROCE) of -0.05%, suggesting inefficient capital allocation. Q3 earnings per share were $-0.09, missing analyst predictions of $-0.03.
June 13, 2023 | 2:46 pm
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Catalent reported a Q3 loss of $227M and a negative ROCE of -0.05%, indicating inefficient capital allocation. Earnings per share missed analyst predictions.
Catalent's Q3 results show a significant loss and a negative ROCE, which indicates inefficient capital allocation. This could negatively impact the stock price in the short term, as investors may be concerned about the company's performance and ability to generate returns. Additionally, the earnings per share missed analyst predictions, which could further contribute to a decline in stock price.
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IMPORTANCE 80
RELEVANCE 100