financetom
Business
financetom
/
Business
/
Alcon Q1 Core Earnings, Sales Rise; 2024 Outlook Reaffirmed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Alcon Q1 Core Earnings, Sales Rise; 2024 Outlook Reaffirmed
May 13, 2024 2:43 PM

05:16 PM EDT, 05/13/2024 (MT Newswires) -- Alcon ( ALC ) reported Q1 core earnings late Monday of $0.78 per diluted share, up from $0.70 a year earlier.

Analysts polled by Capital IQ expected $0.73 per share.

Net sales for the quarter ended March 31 were $2.44 billion up from $2.33 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.47 billion.

For 2024, the company said it continues to expect core EPS of $3.00 to $3.10, on full-year sales of $9.9 billion to $10.1 billion.

Analysts are looking for a normalized EPS of $3.05 on revenue of $9.99 billion.

The company also said its shareholders approved a dividend of 0.24 Swiss franc ($0.26) per share, expected to be paid on or around Thursday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
G-III Apparel Expected to Report
G-III Apparel Expected to Report "Small" Q2 Earnings Beat Amid "Solid Demand" for Owned Brands, UBS Says
Aug 28, 2024
03:26 PM EDT, 08/28/2024 (MT Newswires) -- G-III Apparel's ( GIII ) Q2 earnings are expected to beat consensus forecasts by a small margin as demand for its owned brands such as Karl Lagerfeld and DKNY remains solid, UBS said in a note Tuesday. Sales are expected to be in line with consensus, with potential challenges in the department stores...
Cava Group Insider Sold Shares Worth $628,200, According to a Recent SEC Filing
Cava Group Insider Sold Shares Worth $628,200, According to a Recent SEC Filing
Aug 28, 2024
04:41 PM EDT, 08/28/2024 (MT Newswires) -- Tricia K. Tolivar, Chief Financial Officer, on August 26, 2024, sold 5,000 shares in Cava Group ( CAVA ) for $628,200. Following the Form 4 filing with the SEC, Tolivar has control over a total of 295,100 shares of the company, with 292,600 shares held directly and 2,500 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1639438/000162828024038693/xslF345X05/wk-form4_1724877491.xml...
--Nvidia's Q2 Data Center Revenue at $26.3 Billion vs Visible Alpha Analyst Consensus of $25.2 Billion; Gaming Revenue at $2.9 Billion vs Consensus of $2.78 Billion
--Nvidia's Q2 Data Center Revenue at $26.3 Billion vs Visible Alpha Analyst Consensus of $25.2 Billion; Gaming Revenue at $2.9 Billion vs Consensus of $2.78 Billion
Aug 28, 2024
04:21 PM EDT, 08/28/2024 (MT Newswires) -- Price: 125.65, Change: +0.04, Percent Change: +0.03 ...
UTime (WTO) Stock Is Down 93% Today: What's Going On?
UTime (WTO) Stock Is Down 93% Today: What's Going On?
Aug 28, 2024
UTime Ltd ( WTO ) shares are trading lower by 93% to $0.15 Wednesday afternoon after the company announced the signing of a non-disclosure agreement with Bowen Therapeutics Inc. for the acquisition of Bowen’s laboratory at UMASS Medical School. The company says this acquisition is part of UTime’s strategy to expand into the global vaccine market, particularly focusing on developing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved