On Friday 25th October 2024, Avantor (NYSE: AVTR) will be releasing its third quarter financial results. This much awaited announcement will be made before market open.
According to the predictions of financial experts on Wall Street, the enterprise is expected to announce an anticipated $0.25 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $1.73 billion for the period.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.25. This considerable sum was attributed to the company's total revenue, which reached an impressive $1.72 billion during that specific quarter.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $6.9 billion. Additionally, they are expecting the company to achieve per share profit of $1 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.25 | -10.7% | 1.70 B | -2.4% |
| Q1 2024 | $0.22 | -24.1% | 1.68 B | -5.6% |
| Q4 2023 | $0.25 | -21.9% | 1.72 B | -4.0% |
| Q3 2023 | $0.25 | -26.5% | 1.72 B | -7.4% |
| Q2 2023 | $0.28 | -24.3% | 1.74 B | -8.7% |
| *Growth on year-over-year basis | ||||
AVTR will host a conference call with investment community on 25th October 2024 at 08:00 AM eastern time to discuss the financial results.
Avantor (AVTR) shares traded as low as $23.47 and as high as $23.93 on a day volume of 5.49 million shares, closed Wednesday's regular trading session at $23.72, decline of 0.75 percent.
