Catalent (CTLT) Q3 Earnings Lag Estimates, Gross Margin Up

Catalent, Inc. (CTLT) reported third-quarter fiscal 2024 adjusted loss per share of 6 cents, which was narrower than the year-ago period’s loss per share of 9 cents. The Zacks Consensus Estimate was pegged at an earnings per share (EPS) of 24 cents.The adjustments include charges related to amortization, and impairment charges and gain/loss on the sale of assets, among others.The company’s GAAP loss per share was 56 cents during the quarter, narrower than the year-ago period’s loss per share of $1.26.Revenu ...