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Alcon Q1 Core Earnings, Sales Rise; 2024 Outlook Reaffirmed
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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.

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