Bausch & Lomb Q2 2024 Adj. EPS $0.13 Beats $0.12 Estimate, Sales $1.216B Beat $1.170B Estimate
Portfolio Pulse from Benzinga Newsdesk
Bausch & Lomb reported Q2 2024 adjusted EPS of $0.13, beating the estimate of $0.12. Sales were $1.216 billion, surpassing the $1.170 billion estimate.
July 31, 2024 | 11:03 am
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POSITIVE IMPACT
Bausch & Lomb's Q2 2024 adjusted EPS of $0.13 beat the estimate of $0.12, and sales of $1.216 billion surpassed the $1.170 billion estimate. This positive earnings report is likely to boost investor confidence and could lead to a short-term increase in the stock price.
The company's better-than-expected earnings and sales figures are likely to positively impact investor sentiment. Beating both EPS and sales estimates typically results in a short-term stock price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100