Avantor(AVTR)

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Avantor, Inc. (AVTR) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-07-26 12:15
Avantor, Inc. (AVTR) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.70%. A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.22, delivering a surprise of 10%.Over the last four quarters, the company has su ...
Avantor(AVTR) - 2024 Q2 - Quarterly Results
2024-07-26 10:21
Exhibit 99.1 Avantor® Reports Second Quarter 2024 Results • Net sales of $1.70 billion, decrease of 2.4%; organic decline of 2.0% • Net income of $93 million; Adjusted EBITDA of $306 million • Diluted GAAP EPS of $0.14; adjusted EPS of $0.25 • Operating cash flow of $281 million; free cash flow of $235 million RADNOR, Pa. – July 26, 2024 – Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, toda ...
Avantor® Reports Second Quarter 2024 Results
Prnewswire· 2024-07-26 10:05
Net sales of $1.70 billion, decrease of 2.4%; organic decline of 2.0%Net income of $93 million; Adjusted EBITDA of $306 millionDiluted GAAP EPS of $0.14; adjusted EPS of $0.25Operating cash flow of $281 million; free cash flow of $235 millionRADNOR, Pa., July 26, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, today reported financial results for its second fiscal quarte ...
Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600
Prnewswire· 2024-07-23 23:17
NEW YORK, July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions. Schneider National In ...
Analysts Estimate Avantor, Inc. (AVTR) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-19 15:05
Avantor, Inc. (AVTR) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 26. On ...
3 Reasons Why You Should Hold Avantor (AVTR) Stock for Now
ZACKS· 2024-07-10 17:21
Avantor, Inc. (AVTR) is well-poised for growth in the coming quarters, courtesy of its strong product portfolio. The optimism led by solid first-quarter 2024 results and operational workflow also looks promising. However, headwinds resulting from the loss of a significant number of customers and forex volatility are major downsides.Over the past year, this Zacks Rank #3 (Hold) stock has rallied 0.9% compared with the 4% rise of the industry and 27.1% growth of the S&P 500.The renowned provider of mission-cr ...
Avantor (AVTR) Launches Solutions for Gene Therapy Harvest
ZACKS· 2024-07-02 17:21
Avantor, Inc. (AVTR) recently released two innovative products aimed at revolutionizing the gene therapy harvest process. J.T.Baker Cell Lysis Solution and J.T.Baker Endonuclease are designed to enhance efficiency, reduce environmental impact, improve operational outcomes and preserve the integrity of viral particles. These products will also help to meet the rising demand for sustainable solutions in biopharmaceutical manufacturing.Significance of the AnnouncementPer Avantor, J.T. Baker Cell Lysis Solution ...
Avantor® Announces New J.T.Baker® Cell Lysis Solution and J.T.Baker® Endonuclease
Prnewswire· 2024-07-01 12:05
Innovative Solutions Optimize the Harvest Process in Gene Therapy Manufacturing Sustainably and at ScaleRADNOR, Pa., July 1, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, today announced the launch of two innovative products that together sustainably optimize the gene therapy harvest process: J.T.Baker® Cell Lysis Solution and J.T.Baker® Endonuclease."These products ...
Avantor® to Host Second Quarter 2024 Earnings Call on Friday, July 26, 2024
Prnewswire· 2024-06-28 12:05
RADNOR, Pa., June 28, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, announced that it will release its second quarter 2024 financial results before the market opens on Friday, July 26, and will hold a conference call on the same day at 8:00 a.m. Eastern Time to discuss the results. To hear a live audio webcast of the session, visit Events & Presentations in the Investo ...
Avantor® Appoints Corey Walker as President of Laboratory Solutions
Prnewswire· 2024-06-21 11:47
RADNOR, Pa. , June 21, 2024 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies industries, today announced that Corey Walker has rejoined the company as President of Avantor's Laboratory Solutions business, reporting to CEO Michael Stubblefield.© 2017 - www.chorusphotography.com"Corey's deep knowledge of our end markets and industry, coupled with his familiarity with our organization and ...