Solventum Raises 2024 Adj. EPS Guidance From $6.10-$6.40 To $6.30-$6.50 vs $6.24 Est.
Portfolio Pulse from Benzinga Newsdesk
Solventum has raised its 2024 adjusted EPS guidance from the range of $6.10-$6.40 to $6.30-$6.50, surpassing the estimated $6.24.
August 08, 2024 | 8:09 pm
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Solventum has increased its 2024 adjusted EPS guidance to a range of $6.30-$6.50, which is higher than the previous range of $6.10-$6.40 and above the estimated $6.24.
The increase in EPS guidance indicates stronger than expected financial performance, which is likely to positively impact investor sentiment and the stock price in the short term.
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