Owens & Minor Q1 2024 Adj EPS $0.19 Beats $0.18 Estimate, Sales $2.613B Beat $2.610B Estimate
Portfolio Pulse from Benzinga Newsdesk
Owens & Minor (OMI) reported Q1 2024 adjusted EPS of $0.19, surpassing the $0.18 estimate, and sales of $2.613B, slightly above the $2.610B estimate. This represents a 280% increase in EPS and a 3.55% increase in sales from the same period last year.
May 03, 2024 | 10:31 am
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POSITIVE IMPACT
Owens & Minor reported a significant beat on both EPS and sales estimates for Q1 2024, showing substantial growth from the previous year.
The positive earnings report, with both EPS and sales exceeding analyst expectations and showing significant year-over-year growth, is likely to instill investor confidence and could lead to a short-term uptick in OMI's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100