Bausch & Lomb Q3 Adj. EPS $0.22 Misses $0.26 Estimate, Sales $1.01B Miss $1.36B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bausch & Lomb (NYSE:BLCO) reported Q3 adjusted earnings of $0.22 per share, missing the analyst consensus estimate of $0.26 by 15.38%. This is a 29.03% decrease from the same period last year. The company also reported quarterly sales of $1.01 billion, missing the analyst consensus estimate of $1.36 billion by 25.96%, but a 6.90% increase from the same period last year.
November 01, 2023 | 11:01 am
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Bausch & Lomb's Q3 earnings and sales missed estimates, which could negatively impact the stock in the short term.
Bausch & Lomb's Q3 earnings and sales fell short of analyst estimates, which is typically seen as a negative signal by the market. This could lead to a decrease in the company's stock price in the short term.
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IMPORTANCE 80
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