Earnings Outlook For Catalent
Portfolio Pulse from Benzinga Insights
Catalent (NYSE:CTLT) is scheduled to release its quarterly earnings report on February 9, 2024, with analysts expecting an EPS of $-0.02. The company's past earnings performance shows a mix of beats and misses, with the share price reacting variably. Shares are currently trading at $56.5, down 20.03% over the last year. Investors are looking for positive guidance for the next quarter.
February 08, 2024 | 2:01 pm
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NEUTRAL IMPACT
Catalent is expected to report an EPS of $-0.02 for the upcoming quarter. Historical performance shows variable reactions to earnings reports, with the stock currently down 20.03% over the last year.
The expected EPS of $-0.02 indicates a potential for negative sentiment, but investors will be particularly focused on future guidance. Historical data shows that the stock price can react positively to earnings beats and guidance. However, the overall downward trend in the stock price over the past year suggests caution. The score is neutral due to the uncertainty surrounding the impact of the earnings report and guidance on the stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100