Avantor (AVTR) shares fell more than 16% in recent trading Friday after the company reported lower Q1 net sales that also fell short of analysts' consensus estimate.
The company reported Q1 adjusted earnings Friday of $0.23 per share, up from $0.22 a year earlier.
Analysts polled by FactSet expected $0.23.
Net sales for the quarter ended March 31 were $1.58 billion, down from $1.68 billion a year earlier.
Analysts polled by FactSet expected $1.61 billion.
For 2025, the company maintained expectations for adjusted EPS of $1.02 to $1.10. Analysts polled by FactSet expect $1.05.
Avantor said it expects 2025 organic revenue to grow or fall by 1% compared with the prior outlook of 1% to 3% growth.
Price: 12.97, Change: -2.53, Percent Change: -16.32
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