2023-05-18 10:35:25 ET
- Catalent ( NYSE: CTLT ) is scheduled to announce Q3 earnings results on Friday, May 19th, before market open.
- The consensus EPS Estimate is $0.32 (-5.9% Y/Y) and the consensus Revenue Estimate is $1.03B (+1.0% Y/Y).
- Over the last 2 years, CTLT has beaten EPS estimates 75% of the time and has beaten revenue estimates 75% of the time.
- Over the last 3 months, EPS estimates have seen 0 upward revisions and 9 downward. Revenue estimates have seen 0 upward revisions and 8 downward.
- Earlier this week, Deutsche Bank has downgraded the stock to hold from buy and lowered its price target to $29 from $55, after the company postponed its Q3 earnings release and conference call for a third time.
- As per SA Quant Rating System, CTLT is at high risk of performing badly .
For further details see:
Catalent Q3 2023 Earnings Preview