Catalent (CTLT) Tops Q3 EPS by 2c, Offers FY Guidance

Catalent (NYSE: CTLT) reported Q3 EPS of $0.50, $0.02 better than the analyst estimate of $0.48. Revenue for the quarter came in at $760.6 million versus the consensus estimate of $692.53 million.

GUIDANCE:

Catalent sees FY2020 revenue of $2.87-2.95 billion, versus the consensus of $2.83 billion.

• Revenue in the range of $2.87 billion to $2.95 billion, unchanged from the previous range;
• Adjusted EBITDA in the range of $700 million to $725 million compared to the previous range of $711 million to $735 million; and
• Adjusted Net Income in the range of $295 million to $320 million compared to the previous range of $307 million to $331 million.
• A fully diluted share count in the range of 165 million to 166 million shares on a weighted-average basis, compared to the previous range of 160 million to 161 million shares on the same basis, counting the Series A preferred shares as-if converted.

For earnings history and earnings-related data on Catalent (CTLT) click here.

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