Catalent Q4 Adj. EPS $0.09 Misses $0.10 Estimate, Sales $1.07B Beat $1.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
Catalent (NYSE:CTLT) reported Q4 adjusted earnings of $0.09 per share, missing the analyst consensus estimate of $0.10 by 10 percent. This is a 91.67 percent decrease from the same period last year. The company's quarterly sales of $1.07 billion beat the analyst consensus estimate of $1.05 billion by 1.71 percent, but this is a 17.02 percent decrease from the same period last year.
August 29, 2023 | 11:05 am
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NEGATIVE IMPACT
Catalent's Q4 earnings missed estimates and decreased significantly from the same period last year. Although sales beat estimates, they also decreased YoY.
Catalent's earnings missed estimates and decreased significantly from the same period last year, which could negatively impact investor sentiment and the stock price. Despite sales beating estimates, they also decreased YoY, which could further dampen investor sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100