Avantor Analysts Cut Their Forecasts After Q1 Results

Avantor Inc AVTR reported in-line earnings for its first quarter on Friday. The company posted adjusted EPS of 23 cents in line with consensus. The life science tools company reported sales of $1.58 billion, missing the consensus of$1.61 billion. "While earnings and margin performance were in line with our plan, Lab Solutions revenue was impacted by reduced demand – particularly in our Education and Government end market – following recent policy changes," said Michael Stubblefield, president and CEO. "We ...