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Alcon Q2 Core Earnings, Net Sales Rise; Reiterates 2024 Outlook -- Shares Drop
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Alcon Q2 Core Earnings, Net Sales Rise; Reiterates 2024 Outlook -- Shares Drop
Aug 20, 2024 2:11 PM

04:40 PM EDT, 08/20/2024 (MT Newswires) -- Alcon ( ALC ) reported Q2 core earnings late Tuesday of $0.74 per diluted share, up from $0.69 a year earlier.

Analysts polled by Capital IQ expected $0.73 per share.

Net sales for the quarter ended June 30 were $2.48 billion up from $2.40 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.53 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 $3.06 on revenue of $9.98 billion.

Shares of the company fell 3.6% in recent after-hours activity.

Price: 93.00, Change: -3.50, Percent Change: -3.63

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