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Avantor Analysts Increase Their Forecasts After Better-Than-Expected Earnings
Avantor, Inc. (NYSE:AVTR) reported better-than-expected second-quarter earnings results on Friday.
Avantor posted adjusted earnings of 25 cents per share, beating market estimates of 23 cents per share. The company posted sales of $1.703 billion, in-line with estimates, according to data from Benzinga Pro.
“Our teams delivered another solid quarter with sequential improvements to all key financial metrics. Improved mix from increased bioprocessing revenue together with the accelerated impact of our cost transformation initiative drove more than 100 basis points of ...