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Tuesday, November 5, 2019

=Avantor (AVTR) reported earnings on Tue 5 Nov 19 (b/o)



 Avantor reports EPS in-line, misses on revs; reaffirms FY19 EPS guidance, lowers FY19 revs guidance
  • Reports Q3 (Sep) earnings of $0.15 per share, excluding non-recurring items, in-line with the S&P Capital IQ Consensus of $0.15; revenues rose 0.6% year/year to $1.5 bln vs the $1.53 bln S&P Capital IQ Consensus.
  • Co issues guidance for FY19, sees EPS of $0.55-0.58, excluding non-recurring items, vs. $0.57 S&P Capital IQ Consensus; sees FY19 revs of $6.02-6.08 bln (Prior $6.08-6.14 bln) vs. $6.09 bln S&P Capital IQ Consensus.

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