Recap: Owens & Minor Q4 Earnings
Portfolio Pulse from Benzinga Insights
Owens & Minor (NYSE:OMI) reported Q4 earnings, beating estimates with an EPS of $0.69 against the expected $0.66. Revenue increased by $105.15 million year-over-year. Following a previous earnings beat, the share price surged by 27.08% the next day.
February 20, 2024 | 11:35 am
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Owens & Minor reported a Q4 earnings beat with an EPS of $0.69, surpassing the $0.66 estimate, and a significant year-over-year revenue increase.
The positive earnings report, especially beating estimates and showing significant revenue growth, is likely to instill investor confidence and could lead to a short-term increase in stock price, similar to the previous quarter's performance.
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