Bausch + Lomb Q3 Adjusted Earnings Fall, Revenue Climbs; 2024 Revenue Guidance Raised

MT Newswires Live
2024-10-30

Bausch + Lomb (BLCO) reported Q3 adjusted earnings Wednesday of $0.17 per share, down from $0.22 a year earlier.

Analysts polled by Capital IQ expected $0.16.

Revenue for the quarter ended Sept. 30 was $1.2 billion, up from $1.01 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.17 billion.

The company said it now expects 2024 revenue of $4.73 billion to $4.83 billion, compared with prior guidance of between $4.70 billion to $4.80 billion.

Analysts polled by Capital IQ expect $4.75 billion.

Price: 20.76, Change: +0.02, Percent Change: +0.08

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