Catalent, Inc. Reports First Quarter Fiscal 2023 Results
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Catalent (CTLT) PT Lowered to $81 at Morgan Stanley But Sees Long-Term Entry Point
November 2, 2022 1:06 PM EDTMorgan Stanley analyst Tejas Savant lowered the price target on Catalent (NYSE: CTLT) to $81.00 (from $120.00) while maintaining an Overweight rating following weak results, but says macro-driven reset provides an opportunity long-term entry point.
The analyst commented, "We lower sales/EBITDA... More
Catalent (CTLT) Misses Q1 EPS by 24c, Updates FY Guidance
November 1, 2022 7:04 AM EDTCatalent (NYSE: CTLT) reported Q1 EPS of $0.34, $0.24 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $1.02 billion versus the consensus estimate of $1.08 billion.
GUIDANCE:
Catalent sees FY2023 revenue of $4.625-4.875 billion, versus the consensus of $5.08... More
