8-K
filed February 15, 2024, 6:59 PM ET
ticker WST
CIK 0000105770
earnings
confidence high
sentiment negative
materiality 0.70
West Pharma Q4 adj EPS flat YoY at $1.83; FY24 adj EPS guidance $7.50-$7.75 vs $8.08 in FY23
WEST PHARMACEUTICAL SERVICES INC
2023-FY EPS reported
$7.88
revenue$2,949,800,000
- Q4 net sales $732.0M (+3.3% YoY); full-year net sales $2.950B (+2.2% YoY).
- Q4 reported EPS $1.83 (+34.6% YoY); full-year reported EPS $7.88 (+1.9% YoY).
- FY24 guidance: net sales $3.000B-$3.025B; adjusted EPS $7.50-$7.75; organic sales growth ~2%-3%.
- Proprietary Products organic sales down 0.3% Q4; COVID headwinds cited; excluding COVID, high-single-digit growth.
- FY23 free cash flow $414.5M (down 5.7%); repurchased 1.27M shares for $438.3M at avg $346.34.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
WEST PHARMACEUTICAL SERVICES INC reported Full-year 2024 results: revenue in a range of $3.000 billion to $3.025 billion, EPS adjusted-diluted EPS in a range of $7.50 to $7.75. Guidance initiated.
- Period
- Full-year 2024
- Revenue
- in a range of $3.000 billion to $3.025 billion
- EPS
- adjusted-diluted EPS in a range of $7.50 to $7.75
- Guidance
- initiated
- Result
- preliminary results
Exact text from the filing
The Company is introducing full-year 2024 financial guidance of net sales in a range of $3.000 billion to $3.025 billion and adjusted-diluted EPS in a range of $7.50 to $7.75.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
WEST PHARMACEUTICAL SERVICES INC reported the fourth-quarter and full-year 2023 results: revenue $2.950 billion, EPS $7.88. Guidance reaffirmed.
- Period
- the fourth-quarter and full-year 2023
- Revenue
- $2.950 billion
- EPS
- $7.88
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
full-year 2023 and introduced full-year 2024 financial guidance. Fourth-Quarter and Full-Year 2023 Summary (comparisons to prior-year period) • Fourth-quarter 2023 net sales of $732.0 million grew 3.3%; organic net sales growth was 1.4%. Full-year 2023 net sales of $2.950 billion grew 2.2%; organic net sales growth was 1.6%. • Fourth-quarter 2023 reported-diluted EPS
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
WEST PHARMACEUTICAL SERVICES INC reported the fourth-quarter and full-year 2023 results: revenue $2.950 billion, EPS $7.88. Guidance reaffirmed.
- Period
- the fourth-quarter and full-year 2023
- Revenue
- $2.950 billion
- EPS
- $7.88
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
Full-year 2023 net sales of $2.950 billion grew 2.2%; organic net sales growth was 1.6%.
View on SEC.gov
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