Avantor, Inc. (AVTR) shares surged 16.67% in early trading on Wednesday, following the release of stronger-than-expected second-quarter results and an improved full-year outlook.

The company reported adjusted earnings per share of $0.21, surpassing the consensus estimate of $0.19. Revenue came in at $1.69 billion, topping the $1.61 billion that analysts had forecast. The top and bottom-line beats were driven by solid operational performance, including a sooner-than-expected return to positive organic revenue growth in the VWR Distribution & Services segment.

In addition, Avantor raised its fiscal 2026 guidance, now projecting adjusted EPS of $0.80 to $0.83, up from the prior range of $0.77 to $0.83 and above the $0.79 consensus. The company also lifted its organic revenue growth outlook to a range of -0.5% to +0.5%. The improved outlook and second consecutive quarter of outperformance eased investor concerns about near-term profitability, fueling a sharp rally in the stock.