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West Pharmaceutical's Q3 Performance Shows Rising Demand For Syringes, Company Boosts Annual Forecast And Dividend
WSTWest Pharmaceutical(WST) Benzinga·2024-10-24 17:09

On Thursday, West Pharmaceutical Services, Inc. WST reported adjusted EPS of 1.85,downfrom1.85, down from 2.16 a year ago, beating the consensus of 1.50.Thedesignerandmanufacturerofinjectablepharmaceuticalpackaginganddeliverysystemsreportedsalesof1.50.The designer and manufacturer of injectable pharmaceutical packaging and delivery systems reported sales of 746.9 million, beating the consensus of 709.62million.TheProprietaryProductsSegmentssalesdeclinedby0.2709.62 million.The Proprietary Products Segment’s sales declined by 0.2% to 601.4 million, and the organic net sales decline was 0.5%.High-value products (components and devices) represented over 75% of segment net sal ...