Catalent Q3 Earnings Outlook


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


On Tuesday, Catalent (NYSE:CTLT) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings and Revenue

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Based on management's projections, Catalent analysts model for earnings of 39 cents per share on sales of $609.55 million.

Catalent EPS in the same period a year ago totaled 38 cents. Revenue was $532.6 million. The Wall Street consensus estimate for earnings would represent a 2.63 percent increase for the company. Sales would be up 14.45 percent on a year-over-year basis. Catalent's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2018 Q1 2018 Q4 2017 Q3 2017
EPS Estimate 0.34 0.18 0.57 0.37
EPS Actual 0.45 0.21 0.65 0.38

 

Stock Performance

Over the last 52-week period, shares are up 41.85 percent. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Catalent stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Catalent's Q3 conference call is scheduled to begin at 8:15 a.m. ET and can be accessed here: investor.catalent.com


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsPreviewsTrading IdeasEarnings Previews