Analysts Expect VWR Corporation (VWR) to Announce $0.46 Earnings Per Share
Analysts expect VWR Corporation (NASDAQ:VWR) to report earnings per share of $0.46 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for VWR Corporation’s earnings, with the highest EPS estimate coming in at $0.47 and the lowest estimate coming in at $0.45. VWR Corporation reported earnings of $0.44 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 4.5%. The firm is scheduled to issue its next earnings results on Thursday, November 2nd.
On average, analysts expect that VWR Corporation will report full-year earnings of $1.83 per share for the current fiscal year, with EPS estimates ranging from $1.81 to $1.88. For the next fiscal year, analysts forecast that the company will post earnings of $1.96 per share, with EPS estimates ranging from $1.93 to $1.99. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for VWR Corporation.
VWR Corporation (NASDAQ:VWR) last posted its earnings results on Monday, July 31st. The medical research company reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.45 by $0.04. VWR Corporation had a return on equity of 15.54% and a net margin of 3.12%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter last year, the company earned $0.42 earnings per share. The company’s revenue for the quarter was up 2.2% on a year-over-year basis.
Several equities analysts recently issued reports on the stock. William Blair lowered shares of VWR Corporation from an “outperform” rating to a “market perform” rating in a report on Monday, May 15th. Zacks Investment Research raised shares of VWR Corporation from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a report on Tuesday, May 16th. ValuEngine raised shares of VWR Corporation from a “hold” rating to a “buy” rating in a report on Wednesday. Finally, BidaskClub lowered shares of VWR Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, September 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. VWR Corporation presently has an average rating of “Hold” and an average target price of $31.67.
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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VWR. FNY Managed Accounts LLC purchased a new stake in shares of VWR Corporation during the first quarter valued at $100,000. Teacher Retirement System of Texas purchased a new stake in shares of VWR Corporation during the first quarter valued at $205,000. Neuberger Berman Group LLC purchased a new stake in shares of VWR Corporation during the first quarter valued at $219,000. PNC Financial Services Group Inc. grew its holdings in shares of VWR Corporation by 954.2% during the first quarter. PNC Financial Services Group Inc. now owns 8,455 shares of the medical research company’s stock valued at $238,000 after buying an additional 7,653 shares during the last quarter. Finally, Capstone Asset Management Co. grew its holdings in shares of VWR Corporation by 24.6% during the first quarter. Capstone Asset Management Co. now owns 10,670 shares of the medical research company’s stock valued at $301,000 after buying an additional 2,110 shares during the last quarter.
Shares of VWR Corporation (NASDAQ:VWR) opened at 33.07 on Friday. The company’s 50-day moving average price is $33.01 and its 200-day moving average price is $31.15. The company has a market capitalization of $4.36 billion, a price-to-earnings ratio of 30.62 and a beta of 1.19. VWR Corporation has a one year low of $24.42 and a one year high of $37.25.
VWR Corporation Company Profile
VWR Corporation is a provider of product and service solutions to laboratory and production customers. The Company offers a portfolio of branded and private label laboratory products, services and solutions to the life science, general research and applied markets. The Company operates in two segments: Americas and EMEA-APAC.
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