Avantor Q3 EPS $0.25, Inline, Sales $1.72B Beat $1.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
Avantor reported Q3 earnings of $0.25 per share, meeting analyst consensus. This is a 26.47% decrease from last year. The company's quarterly sales of $1.72 billion beat the analyst consensus of $1.70 billion by 0.95%, but this is a 7.34% decrease from last year.
October 27, 2023 | 10:08 am
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Avantor's Q3 earnings met expectations but are down YoY. Sales beat estimates but also decreased YoY.
Avantor's earnings met analyst expectations, which is positive. However, the YoY decrease in both earnings and sales could negatively impact investor sentiment, potentially leading to a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100