Avantor Inc. (AVTR)

Avantor Inc Stock (AVTR) dropped by 8.66% from $19.52 to $17.83 in the trading on Friday October 27, 2023. The reason why AVTR stock down today is due to its third-quarter financial results. Avantor, Inc released a profit for Q3 that decreased from last year but in line with the Street estimates.

• Net sales of $1.72 billion, a decrease of 7.3% year-over-year. The company's net income for the quarter was $108.4 million.
• Adjusted earnings of $171.6 million or $0.25 per share for the period, just in line with the average in analyst's expectation.