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0 0.000755978195997361 0.000278518282735894 0.00241700818313242 0.000119364978315404 -0.00549078900250665 -0.0023475112402021 0.000795766522102445
Stock impact report

Is a Beat Likely for West Pharmaceutical (WST) in Q1 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 surprise of 2.81%. WST's earnings beat estimates in each of the trailing four quarters, delivering an average surprise of 11.43%. Q1 Estimates Currently, the Zacks Consensus Estimate for revenues is pegged at $673.4 million, indicating a decline of 6% from the year-ago period's level. The consensus mark for earnings is pinned at $1.29 per share, indicating a decline of 34.9% year over year. Factors to Note West Pharmaceutical's Proprietary Products was an important contributor to its top-line growth in in 2023. The segment is likely to have exhibited sustained strength in the first quarter as well, especially on the back of high-value products. However, destocking, as well as timing of new HVP device capacity and customer-led HVP upgrade, is likely to have led to a decline in first-quarter sales. Moreover, a weak pharma market and declining sales related to COVID-19 vaccines are expected to have offset growth in o Show less Read more
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