Preview: Bausch Health Companies's Earnings
Portfolio Pulse from Benzinga Insights
Bausch Health Companies (NYSE:BHC) is anticipated to release its quarterly earnings report on February 22, 2024, with an expected EPS of $1.06. Historical data shows mixed reactions to past earnings, with the last quarter seeing a 3.13% share price increase post-earnings. Over the last year, BHC shares have declined by 10.71%, indicating potential investor concern ahead of the earnings announcement.
February 21, 2024 | 3:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Bausch Health Companies is expected to report quarterly earnings with an EPS of $1.06. Historical performance shows a mixed impact on stock prices post-earnings, with a notable 10.71% decline over the past year.
Given the mixed historical price reactions to BHC's earnings reports and the overall 10.71% decline in share price over the past year, the short-term impact of the upcoming earnings report is uncertain. While a positive earnings surprise could potentially uplift the stock, the recent downward trend and investor sentiment may temper any significant positive movements. The expected EPS of $1.06 sets a benchmark for performance, with guidance likely playing a crucial role in short-term price movements.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100