earnings
confidence high
sentiment positive
materiality 0.80
West Pharma Q2 net sales $723.6M (+37.3%), EPS $2.47 (+104%); raises full-year guidance
WEST PHARMACEUTICAL SERVICES INC
2021-Q2 EPS reported
$4.47
revenue$1,394,300,000
- Net sales $723.6M, up 37.3% (organic +30.6%); reported diluted EPS $2.47, up 104%.
- Adjusted diluted EPS $2.46, up 97%; Proprietary Products segment sales up 47%, driven by HVP components.
- Raises FY2021 net sales guidance to $2.760-$2.785B (from $2.630-$2.655B) and adjusted EPS to $8.05-$8.20 (from $6.95-$7.10).
- Strong demand from COVID-19 vaccines and base business; new capital spending tranche for HVP capacity expansion in 2022.