AVTR News and Press, Avantor Inc. From 10/28/22

Avantor, Inc. ( NYSE: AVTR ) shed ~11% on Friday morning after the life sciences company lowered its full-year guidance despite recording better-than-expected financials for Q3 2022. The company's net sales exceeded previous projections to reach $1.9B with ~1% YoY growth...

The following slide deck was published by Avantor, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: Avantor, Inc. 2022 Q3 - Results - Earnings Call Presentation

Avantor press release ( NYSE: AVTR ): Q3 Non-GAAP EPS of $0.34 beats by $0.01 . Revenue of $1.86B (+1.6% Y/Y) beats by $10M . Adjusted net leverage reduced to 3.6X, down 0.6X year-to-date Operating cash flow of $258.3 million; free cash flow of $219.3 milli...

Avantor® Reports Third Quarter 2022 Results PR Newswire Net sales of $1.86 billion , increase of 1.2%; core organic net sales growth of 7.8% Net income of $167.0 million ; Adjusted EBITDA of $384.0 million Diluted GAAP EPS of $0.25 ; adjust...

Citi upgraded the life sciences company Avantor, Inc. ( NYSE: AVTR ) to Buy from Hold on Wednesday, arguing that a moderate disconnect between its valuation and fundamentals indicates an attractive entry point to the stock at the current levels. The analyst Patrick Donnell...

Summary West Pharmaceutical Services is a quality firm that is doing well right now. But this doesn't make the firm an attractive prospect, even if we assume that management's forecast for 2022 is accurate. Shares need to get cheaper if the business is to make for a compelling...

Avantor® to Host Third Quarter 2022 Earnings Call on Friday, October 28, 2022 PR Newswire RADNOR, Pa. , Sept. 29, 2022 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the...

Summary Halvorsen's 13F portfolio value decreased from $24.74B to $21.86B this quarter. The number of positions increased from 56 to 82. Viking Global added McKesson, American International Group, and Intuit while decreasing T-Mobile US, General Electric, and Brookfield Asset Mana...

Avantor ( NYSE: AVTR ) on Wednesday touched a two-year low of $23.44 a share, a day after the medical equipment maker dropped 8.9% in response to management’s new revenue guidance. Cowen downgraded Avantor to Market Perform from Outperform and lowered its earnings estimates. ...

Avantor® to Participate in the Morgan Stanley 20th Annual Global Healthcare Conference PR Newswire RADNOR, Pa. , Aug. 30 , 2022 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to custome...