Alcon AG ALCC.S is expected to show a rise in quarterly revenue when it reports results on November 12 for the period ending September 30 2024
The Fribourg-based company is expected to report a 6.9% increase in revenue to $2.463 billion from $2.3 billion a year ago, according to the mean estimate from 13 analysts, based on LSEG data.
LSEG's mean analyst estimate for Alcon AG is for earnings of 74 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Alcon AG is 104.00, above its last closing price of $92.61.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | 0.73 | 0.73 | 0.74 | Beat | 1.1 |
Jan. 1 2024 | 0.72 | 0.73 | 0.78 | Beat | 7.5 |
Dec. 31 2023 | 0.68 | 0.68 | 0.69 | Beat | 1.9 |
Sep. 30 2023 | 0.67 | 0.67 | 0.66 | Missed | -1.3 |
Jun. 30 2023 | 0.64 | 0.64 | 0.69 | Beat | 8.6 |
Mar. 31 2023 | 0.61 | 0.60 | 0.70 | Beat | 16.6 |
Dec. 31 2022 | 0.42 | 0.42 | 0.42 | Met | 0 |
Sep. 30 2022 | 0.48 | 0.48 | 0.50 | Beat | 3.9 |
This summary was machine generated November 9 at 01:07 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
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