Avantor's (AVTR) Q2 Earnings Beat, Operating Margin Declines

Avantor, Inc. (AVTR) reported second-quarter 2024 adjusted earnings per share (EPS) of 25 cents, down 10.7% year over year. The bottom line however surpassed the Zacks Consensus Estimate by 2%.GAAP EPS for the quarter was 14 cents against a loss of 1 cent in the year-ago period.Revenue DetailsRevenues grossed $1.7 billion in the reported quarter, down 2.4% year over year. The metric also missed the Zacks Consensus Estimate.Foreign currency translation had a negative impact of 0.4% in the reported quarter, r ...