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Stock impact report

What's in Store for West Pharmaceutical in Q3 Earnings? [Yahoo! Finance]

West Pharmaceutical Services, Inc. (WST) 
Last west pharmaceutical services, inc. earnings: 4/23 06:00 am Check Earnings Report
US:NYSE Investor Relations: investor.westpharma.com
Company Research Source: Yahoo! Finance
In the last reported quarter, the company delivered an earnings miss of 14.12%. WST's earnings beat estimates in three of the trailing four quarters and missed once, delivering an average surprise of 6.44%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Q3 Estimates Currently, the Zacks Consensus Estimate for revenues is pegged at $710.2 million, indicating a decline of 5% from the year-ago period's level. The consensus mark for earnings is pinned at $1.51 per share, indicating a decline of 30.1% year over year. Factors to Note During the second quarter, West Pharmaceutical's Proprietary Products segment sales were hurt by an elevated level of customer destocking across its business units. The trend is likely to have continued in the third quarter, pulling sales down. A weak pharma market and declining sales related to COVID-19 vaccines are expected to have contributed to the decline. The declining trend in the Generic market unit and the Biologics Show less Read more
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