Alcon Sees 2024 Core Diluted EPS $3.00-$3.10 vs $3.04 Est., Net Sales $9.9B-$10.1B vs $9.95B Est.
Portfolio Pulse from Benzinga Newsdesk
Alcon projects its 2024 core diluted EPS to be between $3.00 and $3.10, compared to the estimated $3.04, and forecasts net sales to range from $9.9 billion to $10.1 billion, versus the estimated $9.95 billion.
February 27, 2024 | 10:55 pm
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NEUTRAL IMPACT
Alcon's 2024 earnings and sales forecasts are closely aligned with analyst estimates, indicating stable financial expectations.
Alcon's projected earnings per share (EPS) and net sales for 2024 are very close to analyst estimates, suggesting that the company's financial performance is expected to be stable. This alignment with expectations typically results in a neutral short-term impact on the stock price, as the market has likely already priced in these forecasts.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90