Market Overview

Catalent Q3 Earnings Outlook

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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

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

Posted-In: Earnings News Previews Trading Ideas

 

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