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-0.000600897340027684 -0.000600897340027684 0.000640957162696317 -0.000547484243136375 -0.00237688281166538 0.00458017305843401 0.00304454652280736 -0.00411280846063445
Stock impact report

West Pharmaceutical (WST) Q1 Earnings Beat, HVP Sales Weak [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
The adjustments include expenses related to the amortization of acquisition-related intangible assets. GAAP EPS for the quarter was $1.55, down 16.2% year over year. The company's shares have risen 8.1% in the past year compared with the industry's growth of 4.9%. The broader S&P 500 Index has increased 25.5% in the same time frame. Image Source: Zacks Investment Research Revenues in Detail West Pharmaceutical registered net sales of $695.4 million in the first quarter, down 3% year over year. The figure, however, beat the Zacks Consensus Estimate by 3.3%. The company recorded an organic net sales decline of 3% in the reported quarter. Per management, the top-line decline was driven by Proprietary Products' lower high-value product (HVP) sales and weak Generic product sales. However, higher Contract Manufacturing component sales and continued demand for NovaPure and self-injection device platforms partially offset the decline. Segmental Details West Pharmaceutical o Show less Read more
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