financetom
Business
financetom
/
Business
/
Alcon Q2 Core Earnings, Net Sales Rise; Reiterates 2024 Outlook -- Shares Drop
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

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 >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
BRIEF-I Squared Capital To Acquire Stake In Strategic Permian Natural Gas Pipeline Asset
BRIEF-I Squared Capital To Acquire Stake In Strategic Permian Natural Gas Pipeline Asset
May 26, 2025
May 15 (Reuters) - I SQUARED CAPITAL: * I SQUARED CAPITAL TO ACQUIRE STAKE IN STRATEGIC PERMIAN NATURAL GAS PIPELINE ASSET * I SQUARED CAPITAL: TO ACQUIRE, THROUGH ISQ GLOBAL INFRASTRUCTURE FUND III, ABOUT 37% OF MATTERHORN INVESTCO * I SQUARED CAPITAL: FOLLOWING CLOSE OF TRANSACTION, MXP WILL BE OWNED 65% BY MXP HOLDCO, 15% BY ONEOK ,10% BY MPLX,...
US and UAE finalise technology framework agreement, source says
US and UAE finalise technology framework agreement, source says
May 26, 2025
DUBAI (Reuters) -The United States and United Arab Emirates have finalised a technology framework agreement that is expected to be signed later on Thursday during President Donald Trump's last stop of his three-country Gulf tour, a source with knowledge of the matter said. The agreement requires commitments on both sides to the security of technology, the source said. A deal...
BofA Securities Lifts Price Targets on Analog Devices, Other US Semiconductor Firms
BofA Securities Lifts Price Targets on Analog Devices, Other US Semiconductor Firms
May 26, 2025
11:07 AM EDT, 05/15/2025 (MT Newswires) -- BofA Securities said in a Thursday note it has increased price targets on five companies in the US semiconductor space. Given the recent trade deals, fears around the tariffs seem to be dissipating, but industrial/auto demand signals remain murky, BofA analysts said. After recent earnings, estimates for the top eight vendors in the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved