Stevanato Group S.p.A. (STVN) stock plummeted 5.04% during Thursday's trading session, following the release of the company's fourth-quarter 2024 earnings report and 2025 guidance.
For the fourth quarter, Stevanato reported net income of $51.5 million, or $0.20 per share, meeting Wall Street's expectations. Revenue for the quarter came in at $352.7 million, surpassing analysts' estimates of $346.3 million.
Looking ahead to 2025, the company provided guidance that was largely in line with consensus estimates. Stevanato expects revenue in the range of €1.16 billion to €1.19 billion, compared to the consensus estimate of €1.175 billion. Adjusted EBITDA is projected to be between €293 million and €306.3 million, while adjusted earnings per share are expected to range from €0.51 to €0.55, versus the consensus estimate of €0.54.