Bausch & Lomb Earnings Preview
Portfolio Pulse from Benzinga Insights
Bausch & Lomb (NYSE:BLCO) is scheduled to release its quarterly earnings report on February 21, 2024, with an expected EPS of $0.24. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions to past earnings reports, with the stock price fluctuating based on earnings performance and guidance. Currently, BLCO shares are trading at $14.31, marking a 20.03% decline over the last year, indicating a bearish sentiment among long-term shareholders.
February 20, 2024 | 3:01 pm
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Bausch & Lomb is expected to report an EPS of $0.24 for the upcoming quarter. Historical performance shows variable stock price reactions to earnings reports. Currently, the stock is down 20.03% over the past year, indicating bearish sentiment.
The expected EPS of $0.24 sets a benchmark for Bausch & Lomb's performance. Historical data indicates that the company's stock price can react variably to earnings reports and guidance. The current bearish sentiment, reflected in a 20.03% decline over the past year, suggests that investors are cautious. The short-term impact on BLCO's stock price will likely depend on whether the company meets or exceeds the EPS estimate and the nature of its future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100