A Look Ahead: Avantor's Earnings Forecast

Avantor (NYSE:AVTR) is gearing up to announce its quarterly earnings on Friday, 2024-10-25. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Avantor will report an earnings per share (EPS) of $0.25.

The announcement from Avantor is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Earnings History Snapshot

Last quarter the company beat EPS by $0.02, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Avantor's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.23

0.20

0.22

0.25

EPS Actual

0.25

0.22

0.25

0.25

Price Change %

12.0%

-5.0%

-1.0%

-9.0%

Tracking Avantor's Stock Performance

Shares of Avantor were trading at $23.72 as of October 23. Over the last 52-week period, shares are up 32.11%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Perspectives on Avantor

Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Avantor.

Analysts have provided Avantor with 9 ratings, resulting in a consensus rating of Outperform. The average one-year price target stands at $29.67, suggesting a potential 25.08% upside.

Peer Ratings Overview

The following analysis focuses on the analyst ratings and average 1-year price targets ...