The busiest part of earnings season is over, but there are still plenty of companies left that are scheduled to report next week. About 88% of S & P 500 companies have already reported third quarter earnings. Of those, data from FactSet shows that 80% exceeded earnings expectations, while only 14% missed analyst estimates. On the other hand, slowing demand meant that only 62% of companies have topped revenue expectations.
mountain Catalent YTD chart "Catalent became a very noticeable laggard in the life science space about fifteen months ago. And unlike some of those who are getting dragged down right now by stiff macro headwinds, its problems were mostly of its own making ," wrote Gordon Haskett analyst Don Bilson in a note on October 31. Bilson said Catalent faces more challenges ahead.