Alcon Q2 EPS $0.69 Beats $0.63 Estimate, Sales $2.40B Beat $2.36B Estimate
Portfolio Pulse from Benzinga Newsdesk
Alcon (NYSE:ALC) reported Q2 earnings of $0.69 per share, beating the analyst consensus estimate of $0.63 by 9.52%. The company also reported quarterly sales of $2.40 billion, surpassing the analyst consensus estimate of $2.36 billion by 1.69%. Both earnings and sales show an increase compared to the same period last year.
August 15, 2023 | 8:31 pm
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POSITIVE IMPACT
Alcon's Q2 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
Alcon's better-than-expected Q2 earnings and sales suggest a strong financial performance, which is likely to positively impact investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100