Bausch & Lomb Q4 Adjusted EPS $0.24 May Not Be Comparable To $0.17 Estimate, Sales $1.17B Beat $1.02B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bausch & Lomb (BLCO) reported Q4 earnings of $0.24 per share, surpassing the $0.17 estimate, marking a 41.18% beat and a 4.35% increase from last year. Sales reached $1.17B, exceeding the $1.02B estimate by 15.34% and showing a 17.77% increase from the previous year.
February 21, 2024 | 12:00 pm
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Bausch & Lomb reported a significant beat on both earnings and sales estimates for Q4, with EPS at $0.24 and sales at $1.17B.
The substantial beat on both earnings per share and sales estimates indicates strong financial health and operational efficiency. This outperformance, especially in a quarter, is likely to positively influence investor sentiment and could lead to a short-term uptick in BLCO's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100